Gapping up
In reaction to earnings/guidance:
- VSH +8.5%, HOG +8%, SSD +7.8%, CHGG +7.5%, GAMB +6.5%, TDC +5.3%, TFII +4.6%, NRZ +4.4%, SNCY +4%, AGCO +3.9%, ACLS +3.2%, NVT +3.1%, COTY +2.6%, VRNS +2.5%, MBUU +2.1%, DAC +1.8% (also increases quarterly dividend 50% to $0.75/sh), CARR +1.7%, AVNT +1%, LEG +0.9%, CNC +0.9%, TMHC +0.9%
Other news:
- VLDR +36.9% (issues warrants to AMZN allwoing AMZN to acquire up to 39.6 mln shares)
- VSH +8.5% (adopts Stockholder Return Policy; expects to return at least $100 mln to stockholders in 2022)
- AXSM +6.4% (provides update regarding AXS-07 program)
- ALKS +6.2% (positive topline results from ENLIGHTEN-early phase 3b study of LYBALVI in patients early in illness)
- EMBK +5.1% (Embark Technology and Knight-Swift (KNX) launch Truck Transfer program)
- MLCO +1.9% (announces commitment for Studio City (MSC) private placement)
- BOWL +1.5% (approves $200 mln share and warrant repurchase program)
- CUK +0.9% (Cunard unit provides update on bookings for summer 2023)
Analyst comments:
- AJRD +1.9% (upgraded to Buy from Hold at Jefferies)