Gapping up
In reaction to earnings/guidance:
- IGT +7.4%, DDD +7.2%, ELY +6.9%, SWAV +5.5%, EVBG +5.2%, NLS +4.8%, CLAR +3.7%, BRKS +2.9% (also announces intention to separate into two independent publicly traded companies), JCOM +2.8%, HALO +2.4%, NLOK +2%, MIME +1.8%, BHF +1.7%, ARMK +1.1%, RBLX +1%
M&A news:
- FOE +21.7% (to be acquired by Prince International Corporation for $22.00/share in $2.1 bln all-cash transaction; also reported earnings)
Other news:
- FF +16.3% (declares special cash dividend of $2.50/sh)
- CERC +14.6% (announces that the FDA has granted Fast Track designation to CERC-002 for treatment of hospitalized patients with COVID-19)
- WATT +7.2% (receives European regulatory approval for WattUp PowerHub)
- PRTA +6.9% (earns a $60 mln milestone payment)
- AZPN +5.8% (to join S&P MidCap 400)
- EFC +5.3% (to join S&P SmallCap 600)
- AVNS +4.5% (to join S&P SmallCap 600)
- III +2.4% (initiates dividend)
- AUS +1.7% (AUS announces combination agreement with Wynn Interactive)
- HWM +1% (announces $200 million accelerated share repurchase)
Analyst comments:
- X +0.7% (upgraded to Overweight from Equal-Weight at Morgan Stanley)
- NKE +0.5% (upgraded to Buy from Hold at Jefferies)