Gapping up
In reaction to strong earnings/guidance:
- JMEI +12.8%, AMWD +7.6%, SNP +3.3%
Select Chinese related stocks trading higher:
- MOMO +2.6%, BZUN +2.5%, VIPS +2.2%, WB +1.9%, JD +1.8%, BIDU +1.7%, BABA +1.4%, WUBA +1.1%
Other news:
- TLRY +12.4% (selected by the Nova Scotia Liquor Corporation to receive an initial purchase order for adult-use cannabis)
- AMD +3.6% (continued strength)
- NFLX +1.7% (positive profile in Barrons)
- ABBV +1.3% (FDA approved IMBRUVICA plus rituximab for the treatment of adult patients with Waldenström's macroglobulinemia)
- PFE +0.9% (announces primary results from the Tafamidis Phase 3 Transthyretin Cardiomyopathy)
Analyst comments:
- RIGL +10% (initiated with a Buy at Citigroup)
- PTLA +7.6% (upgraded to Neutral from Underperform at Credit Suisse)
- STLD +2.8% (upgraded to Overweight from Equal-Weight at Morgan Stanley)
- AKS +2.3% (upgraded to Overweight from Equal-Weight at Morgan Stanley)
- SONO +1.4% (initiated with a Buy at Goldman; initiated with a Outperform at Raymond James)
![]()