Gapping up
In reaction to earnings/guidance:
- MVST +14.6%, SE +11.3%, ONON +11.1%, SSYS +10.9%, GAN +10.3%, NU +9.7%, JD +9.1%, TME +7%, DADA +6.9%, IONQ +6.4%, MAG +6.3%, UUUU +5.4%, TTWO +4.9%, UAL +4.5% (sees higher unit revenue outlook for Q2, demand continues to improve), SHLS +4.4%, HUYA +3.8%, RKLB +3.7% (also CAPSTONE spacecraft preps for launch to lunar orbit), FXLV +3.2%, HD +3.2%, DAC +2.9%, CCSI +1.8%, AER +1.3%, VOD +1.1%, RSKD +0.9%
Other news:
- COIN +6.3% (announces it is "slowing hiring so we can reprioritize our hiring needs against our highest-priority business goals")
- HLGN +5% (to restate Full Year 2021 Financials)
- FFIE +3.6% (provides update on status of SEC filings)
- LOGI +2.8% (increases yearly dividend 10% to CHF 0.96/share)
- LH +2.7% (launches at-home collection device for diabetes risk testing)
- NETI +2.6% (Scorpio Holdings increases stake by 250K shares)
- ABB +2.1% (highlights Energy transition driving profitable growth at Capital Markets Day)
- IREN +2% (names new CFO)
- FSLR +2% (to sell project development and O&M platform in Japan)
- VALE +2% (concludes buyback program and launches new program)
- ABT +1.8% (enters into consent decree with FDA related to infant formula plant could restart plant within two weeks; also confirms FY22 EPS guidance)
- RH +1.8% (announces $500 mln incremental term debt financing)
- IXHL +1.7% (completed a highly constructive pre-IND meeting with the FDA to discuss the development IHL-42X)
- LXU +1.4% (authorizes new $50 mln share repurchase program)
- EAT +1.2% (CEO Wyman Roberts to retire Kevin Hochman named successor)
- WSC +1.2% (acquires Elite Modular Leasing and Sales)
- AGCO +1.1% (provides update on ransomware attack)
- GILD +1% (FDA lifts hold on IND for lenacapavir for HIV)
- UGI +1% (receives funding for RNG projects)
- RPAY +1% (authorizes share repurchase program to purchase up to $50 mln of the Company's Class A common stock)
Analyst comments:
- PBF +5.6% (upgraded to Neutral from Underweight at JP Morgan)
- HEAR +4.9% (upgraded to Outperform from Neutral at Wedbush)
- AMD +3.8% (upgraded to Overweight from Neutral at Piper Sandler)
- SHAK +2.7% (upgraded to Mkt Perform from Underperform at Raymond James)
- TEVA +2.7% (upgraded to Neutral from Underperform at BofA Securities)
- EQR +2.2% (upgraded to Buy from Neutral at Mizuho)