>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:

  • VERI +23.5%, BZH +15.6%, HUYA +9.6%, VOD +8.3%, YY +6.2%, AAP +4.8%, GDS +4.8%, PAM +4%, HD +1.8%

M&A news:

  • AZN +1.1% (to divest US Synagis rights to Sobi; will receive an upfront consideration of $1.5 bln)

Other news:

  • VKTX +16.4% (Phase 2 study of VK2809 achieves primary endpoint)
  • MHLD +4.2% (lower on reports that shareholder Catalina is not planning to make a bid)
  • LITE +2.1% (after closing 30%+ lower on guidance)
  • GE +2.1% (General Electric and Baker Hughes (BHGE) enter agreements that amend the commercial and technological relationships between the two companies)
  • TLRY +1.4% (Continued volatility; co will report earnings after the close)
  • AMGN +1.1% (presents results highlighting long-term safety and efficacy of Repatha)
  • AMZN +1.1% (expected to announce this week that it will split HQ2 between Washington DC suburbs and NYC, according to WSJ) . 

Analyst comments:

  • HUYA +9.6% (upgraded to Outperform from Neutral at Credit Suisse)
  • XLNX +2% (upgraded to Positive from Neutral at Susquehanna)
  • NVDA +1.4% (upgraded to Positive from Neutral at Susquehanna)