Gapping up
In reaction to strong earnings/guidance:
- GSX +13.7%, VG +7.5%, AAP +3.7%, LDOS +2.8%, WLKP +1%, SCI +0.7%
M&A news:
- LM +22.8% (to be acquired by Franklin Resources (BEN) for $50.00/share in all-cash transaction), BEN +10.8%
Other news:
- CEL +7.4% (announces that it is in negotiations with Golan Telecom Ltd.'s, or Golan Telecom, shareholders, in regards to possible purchase of their holdings in Golan Telecom. The Company cannot guarantee that such discussions will mature into a transaction)
- KR +6.5% (new positions for Berkshire Hathaway in 13F filings)
- BIIB +3.6% (new positions for Berkshire Hathaway in 13F filings)
- BCRX +1.8% (NDA for the approval of oral, once daily berotralstat (BCX7353) for the prevention of hereditary angioedema attacks has been accepted by FDA)
- BBBY +1.5% (1-800-FLOWERS to acquire PersonalizationMall.com from Bed Bath & Beyond)
Analyst comments:
- KN +1.5% (upgraded to Overweight from Neutral at Piper Sandler)
- MCFT +1.5% (upgraded to Outperform from Mkt Perform at Raymond James)
- MBUU +1.3% (upgraded to Outperform from Mkt Perform at Raymond James)
- ETN +0.7% (upgraded to Buy from Neutral at UBS)