Gapping up
In reaction to earnings/guidance:
- SWAV +10.5%, BNTX +4.9%, RDNT +4.8%, SGMS +4.6%, VTRS +4.2%, USFD +3.9%, TSN +3.3%, CEVA +2.6%, CRNC +1.9%, .
M&A news:
- SIC +29.1% (to acquire Select Interior Concepts for $411 mln )
- SAFM +8.6% (Cargill and Continental Grain Company confirm to acquire Sanderson Farms for $203 per share in cash)
- ANAT +8.2% (Brookfield Asset Management Reinsurance Partners to acquire American National in $5.1 bln transaction (~$190/share)), .
Other news:
- FTFT +22.7% (extends momentum from +21% move during regular session)
- EPZM +13.8% (and HUTCHMED announce strategic collaboration to develop and commercialize TAZVERIK in Greater China)
- QFIN +6.6% (announced that its 360 Jietiao app is being restored to app stores for downloads in succession)
- KTOS +3.6% (awarded $340 mln Air Force contract)
- YCBD +2.2% (signs binding letter of intent with IM Cannabis Corp. (IMCC) to enter Israeli Market)
- JKS +1.6% (obtained the first photovoltaic module Life Cycle Assessment certificate in the Greater China region issued by TÜV Rheinland (China) and concurrently passed the Italian EPD certification)
Analyst comments:
- VSCO +4.4% (initiated with an Overweight at JP Morgan; tgt $100)
- MKFG +3.2% (initiated with a Buy at Stifel; tgt $13.50)
- EDIT +2.5% (upgraded to Buy from Hold at Truist; tgt raised to $80)
- FTSI +2.1% (upgraded to Buy from Hold at Stifel; tgt $32)
- TSLA +1.6% (upgraded to Buy from Hold at Jefferies; tgt raised to $850)
- CZR +1% (upgraded to Buy from Neutral at BofA )