Gapping up
In reaction to strong earnings/guidance: KEYS +9%, NTAP +7.3%, GFI +6.9%, PERY +6.5%, MSG +2.8%, JKS +2.2%, UNFI +1.9%, KGJI +1.3%, IMMU +1.1%
M&A news: VRX +0.5% (to acquire Sprout Pharmaceuticals for ~$1 bln, confirming WSJ reports the two were near a deal)
Select metals/mining stocks trading higher: AU +7.4%, SBGL +7.3%, DRD +5%, SAND +3.4%, GOLD +2.7%, AUY +2.6%, ABX +2.2%, MUX +1.6%, GG +1.5%, RIO +1.5%, MT +1.4%, AEM +1.4%, GDX +1.3%, NEM +1.2%, SLV +1%
Other news: CLTX +43.9% (Celsus Therapeutics and Volution Immuno Pharmaceuticals announce $75 mln private placement), OHGI +27% (signs cooperation agreement with YTO Express to commence a trial of the Aishuo VoIP platform in Jiangsu province; also reported earnings), AGTC +9.6% (co's previously announced collaboration with Biogen (BIIB) is now effective; Biogen's equity investment in AGTC has closed), MILL +5% (discloses agreement in principle with the staff of the Enforcement Division of the SEC to settle the civil action under which it will pay $5 mln over ~three years), PANL +4.8% (extended its Contract of Affreightment with a major aluminum producer through 2026; sees potential revenue of up to $350 mln over the ten year term), LLY +3% (announces positive top-line results for Jardiance, reporting that the EMPA-REG outcome trial met its primary endpoint), PLUS +2.7% (to replace Sovran Self Storage (SSS) in the S&P SmallCap 600), RCAP +1.6% (closes its $37.5 mln preferred stock issuance, and announces corporate governance initiatives), GDP +0.9% (announced that CFO Jan Schott has resigned to join another company)
Analyst comments: LL +6.6% (upgraded to Buy from Hold at Cantor Fitzgerald), LF +5.3% (initiated with an Outperform at Oppenheimer
)
In reaction to strong earnings/guidance: KEYS +9%, NTAP +7.3%, GFI +6.9%, PERY +6.5%, MSG +2.8%, JKS +2.2%, UNFI +1.9%, KGJI +1.3%, IMMU +1.1%
M&A news: VRX +0.5% (to acquire Sprout Pharmaceuticals for ~$1 bln, confirming WSJ reports the two were near a deal)
Select metals/mining stocks trading higher: AU +7.4%, SBGL +7.3%, DRD +5%, SAND +3.4%, GOLD +2.7%, AUY +2.6%, ABX +2.2%, MUX +1.6%, GG +1.5%, RIO +1.5%, MT +1.4%, AEM +1.4%, GDX +1.3%, NEM +1.2%, SLV +1%
Other news: CLTX +43.9% (Celsus Therapeutics and Volution Immuno Pharmaceuticals announce $75 mln private placement), OHGI +27% (signs cooperation agreement with YTO Express to commence a trial of the Aishuo VoIP platform in Jiangsu province; also reported earnings), AGTC +9.6% (co's previously announced collaboration with Biogen (BIIB) is now effective; Biogen's equity investment in AGTC has closed), MILL +5% (discloses agreement in principle with the staff of the Enforcement Division of the SEC to settle the civil action under which it will pay $5 mln over ~three years), PANL +4.8% (extended its Contract of Affreightment with a major aluminum producer through 2026; sees potential revenue of up to $350 mln over the ten year term), LLY +3% (announces positive top-line results for Jardiance, reporting that the EMPA-REG outcome trial met its primary endpoint), PLUS +2.7% (to replace Sovran Self Storage (SSS) in the S&P SmallCap 600), RCAP +1.6% (closes its $37.5 mln preferred stock issuance, and announces corporate governance initiatives), GDP +0.9% (announced that CFO Jan Schott has resigned to join another company)
Analyst comments: LL +6.6% (upgraded to Buy from Hold at Cantor Fitzgerald), LF +5.3% (initiated with an Outperform at Oppenheimer
)