Gapping up
In reaction to strong earnings/guidance:
- DBD +24.5%, LSCC +18%, CRTO +17%, UIS +12.2%, JCOM +10.7%, CFX +8.5%, EXEL +8.2%, IPG +6.2%, IRTC +6.1%, CBRE +4.5%, CAMT +3.7%, ATVI +3.6%, SPSC +3.5%, LPX +3.4%, AVLR +2.8%, HLT +2.3%, RRR +1.3%, AKAM +1% (also Akamai Tech and Mitsubishi UFJ Financial Group announce joint venture), WH +0.7%
Other news:
- WPG +3.4% (higher after declaring unchanged quarterly dividend-reports earnings next week)
- PCG +2.1% (extending Tuesday's 8% move higher)
- CALX +1.8% (shareholder Voce Capital disclosed the purchase of 100K shares worth ~$750K)
- CLF +1.2% (appoints Keith A. Koci as CFO, effective immediately)
- GME +1.1% (shareholder Hestia Capital sent a letter to Board 'stating they believe the Board should immediately pursue a tender offer of between $500M and $700M, and continue to buy back as much as $100M in stock per year)
Analyst comments:
- BE +4.7% (upgraded to Outperform from Mkt Perform at Raymond James)
- DOCU +3.7% (upgraded to Buy from Hold at Deutsche Bank)
- FCX +3.1% (upgraded to Overweight from Equal-Weight at Morgan Stanley)
- SHOP +2.7% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)
- CLVS +2.4% (initiated with a Buy at H.C. Wainwright)