Gapping up
In reaction to earnings/guidance:
- DOCU +23.8%, GCO +13%, ZUMZ +10%, LULU +4.5%, IMOS +2.2% (Aug revs) BRC +1.1%
Other news:
- TNAV +19% (provides business update; reaffirms guidance)
- NTGN +18.6% (announces publication in immunity of novel approach to predict MHC Class II Cancer-specific neoantigens; Proprietary class II prediction tool achieved up to a 61-fold improvement in predicting MHC class II peptides compared to standard methods)
- IMUX +10.4% (after announcing results of interim dosing analysis in ph 2 CALDOSE-1 study of IMU-838 in patients with moderate-to-severe ulcerative colitis; plans to continue study with all three dosing arms)
- GRUB +4.2% (McDonald's [MCD] confirms the addition of Grubhub as McDelivery partner in NYC and tri-state area)
- PGNX +2.8% (10% owner Velan Capital disclosed the purchase of ~521K shares worth about $2.3 mln)
- M +1.3% (following CNBC FastMoney mention)
- IRTC +1.2% (prices offering of 1,369,863 shares of its common stock at $73.00 per share)
- WMS +1.2% (upsizes and prices offering of 9 mln shares of common stock at $29.75 per share)
Analyst comments:
- KDMN +8.9% (initiated with Overweight at Cantor Fitzgerald)
- AIV +1.6% (upgraded to Outperform from Market Perform at BMO Capital Markets)
- RPAY +1.5% (initiated with Overweight at Cantor Fitzgerald)
- AAL +0.8% (initiated with a Buy at Berenberg)