TheChek News Flow

Early premarket gappers

Gapping up:
ATHX +20.1%, WPRT +17.4%, GRPN +16.5%, SWCH +16.2%, AUPH +15.3%, CSOD +14.6%, HCI +13.7%, YELP +12.9%, GDYN +12.5%, TGH +11.4%, PRTS +10.8%, MGNI +9.8%, CRC +9.4%, CVNA +8.9%, VIR +8.7%, RAMP +8.3%, OUT +7.9%, PLUG +7.5%, CNDT +7.4%, GPRO +7.4%, REZI +7.3%, AVLR +7%, SYNA +6.6%, ONTO +6.5%, GDEN +5.8%, ATSG +5.8%, IRTC +5.4%, OEC +5.4%, LTHM +5.3%, SEM +5.1%, TDC +4.7%, CTVA +4.5%, NWSA +4.4%, EB +4.3%, MTW +4.2%, DBX +4.2%, SPCE +4.1%, OYST +3.8%, CDXS +3.8%, MTZ +3.6%, CERT +3.6%, WSC +3.6%, MP +3.5%, EXEL +3.5%, PCTY +3.5%, GH +3.4%, AXON +3.3%, BAND +3.3%, DIOD +3%, SBLK +3%, CWK +2.7%, PBYI +2.7%, BECN +2.6%, PRA +2.5%, PTMN +2.5%, AAON +2.4%, CARG +2.4%, ENDP +2.3%, ING +2.2%, FOXF +2.1%, PRAA +2.1%, SPNE +2%, BHF +2%, REG +1.9%, OPRT +1.9%, ALRM +1.9%, MNST +1.9%, IHRT +1.9%, AGO +1.8%, YMAB +1.8%, VNT +1.8%, SPNT +1.7%, NTP +1.7%, AIG +1.7%, ZG +1.7%, POST +1.6%, OTEX +1.6%, OM +1.5%, MSI +1.5%, TRHC +1.5%, UPWK +1.4%, FSR +1.4%, AMH +1.4%, NKTR +1.3%, ZGNX +1.3%, TGA +1.3%, RMD +1.2%, FCX +1.1%, CVCO +1%, LEVI +0.8%

Gapping down:
DRNA -26.8%, ICAD -16.3%, ZNGA -14.3%, FEYE -10.9%, COLL -10.7%, NVAX -10.4%, FROG -8.6%, GKOS -8.4%, AU -7.5%, QDEL -6.7%, TRUP -6.5%, EXPE -6.4%, PGNY -6.1%, APPN -5.7%, TSP -5.4%, NET -5.3%, AIN -5.2%, VMEO -4.9%, ITT -4.9%, QUOT -4.5%, VXRT -4.5%, ACMR -4.3%, SGMO -4.2%, MX -4.1%, RBA -3.9%, BYND -3.8%, OLED -3.7%, PODD -3.7%, MGA -3.6%, FNKO -3.1%, MREO -3%, USM -2.8%, CLNE -2.7%, RUN -2.3%, IIVI -2%, BIGC -1.9%, COLD -1.9%, FND -1.5%, ARWR -1.4%, PIRS -1.3%, VLDR -1.2%, PCOR -1.2%, LASR -1.2%, ED -1.2%, JCOM -1.2%, AEL -1.1%, NBIX -0.9%, SFM -0.9%, OCUL -0.8%, KPTI -0.8%, BL -0.8%

(BFW) Fortress Raises Offer for Morrison to 270p/Share

>>> After Hours Summary: Very busy earnings night; GRPN +15.1%, YELP +13.8%, CVN

After Hours Summary: Very busy earnings night; GRPN +15.1%, YELP +13.8%, CVNA +9.9%, SYNA +6.8% higher on earnings; FEYE -7.7%, EXPE -5.1%, BYND -4.5%, OLED -3.7% lower on earnings; CSOD +13.3% gets acquried

After Hours Gainers:

Companies trading higher in after hours in reaction to earnings/guidance: WPRT +22.3%, GRPN +15.1%, YELP +13.8%, HCI +13.7%, SWCH +12.8% (also announces review of shareholder value initiatives), AUPH +12.7%, RAMP +11.3%, PRTS +10.8%, CVNA +9.9%, VIR +9.3%, AVLR +9.2%, MGNI +8.1%, OUT +7.9%, SEM +7.5%, GPRO +7.2%, PLUG +7.2%, REZI +6.9%, SYNA +6.8%, CNDT +6.6%, GDYN +6.4%, ONTO +6.3%, TDC +6.2%, BAND +6.1%, ATSG +5.8%, CRC +5.7% (also increases share repurchase program by $100 mln), GDEN +5.6%, OEC +5.3%, SPCE +5.1%, EXEL +5%, CTVA +4.6% (also authorizes new $1.5 bln share repurchase program), MP +4.6%, DBX +4.5%, EB +4.5%, CARG +4.4%, MTW +4.4%, NWSA +4.3%, CDXS +3.8%, WSC +3.7%, CVCO +3.5%, BLDP +3.4%, ZG +3.4%, PBYI +3%, AAON +2.8%, MNST +2.7%, CERT +2.5% (also to acquire Pinnacle 21), PTMN +2.5%, AXON +2.3%, HCAT +2.2%, FOXF +2.1%, ALRM +2%, MTZ +2%, SBLK +2% (also authorizes a $50 mln share repurchase program), AIG +1.9%, BECN +1.9%, LTHM +1.9%, OPRT +1.9%, YMAB +1.8%, REG +1.7%, OTEX +1.6%, PRA +1.6%, TGH +1.5%, AMH +1.4%, DIOD +1.3%, BHF +1.1%, CWK +1.1% (also promotes John Forrester to CEO), LOCO +1%, ZGNX +1%, VRAY +1%, IRTC +0.9%, NKTR +0.8%, AINV +0.7% (also declares special dividend), ARWR +0.7%, TPIC +0.7%, ENDP +0.6%, ALTR +0.5%, GH +0.5% (also announces a new leadership structure), AMN +0.4%, Y +0.2%, RMD +0.1%, SPXC +0.1%, TRIP +0.1%, USM +0.1%, SPNT +0.1%

Companies trading higher in after hours in reaction to news: CSOD +13.3% (to be acquired by Clearlake Capital for $57.50/sh), ATHX +3.2% (expands partnership with Healios), LEVI +0.9% (to acquire apparel brand Beyond Yoga), UPS +0.6% (announces new $5 bln share repurchase program), UBER +0.3% (Uber Health announces partnership with MODV), CI +0.2% (Express Scripts awarded $4.3 bln Defense Health Agency contract), KPTI +0.2% (stock offering), SPNT +0.1% (Compre to acquire a $417 mln portfolio of legacy liabilities; also reprots earnings), VLO +0.1% (VLO, CVX and others awarded Defense Logistics Agency contracts for various types of fuel)

After Hours Losers:

Companies trading lower in after hours in reaction to earnings/guidance: ICAD -15.7%, ZNGA -15.3% (also to acquire StarLark for $525 mln in cash and stock), PGNY -12.1%, COLL -10.7%, FROG -10%, NVAX -8.7% (also files regulatory submissions for EUA for COVID-19 vaccine candidate), GKOS -8.6%, FEYE -7.7%, TSP -7%, TRUP -6.9%, VMEO -6.3%, QUOT -5.5%, QDEL -5.3%, EXPE -5.1%, ITT -5.1%, NET -5%, VXRT -4.7%, BYND -4.5%, APPN -4.4% (also acquires Lana Labs), MX -4.3%, ACMR -4.2%, CYTK -4.1%, OLED -3.7%, PODD -3.7%, RBA -3.7%, RUN -3.7% (also names new CEO), BIGC -3.4%, FNKO -3.1% (also names new CEO), LOPE -2.8%, PK -2.8%, UNIT -2.7%, COLD -2.6%, SFM -2.5%, CGNX -2.4%, VLDR -2.4%, SGMO -2%, IOVA -1.7%, FND -1.5%, PCOR -1.3%, BGS -1.2%, LASR -1.2%, ED -1.1%, ILMN -1.1%, RDFN -1.1%, AEL -1%, CLNE -0.8%, MDRX -0.8%, FSR -0.7%, STMP -0.7%, JCOM -0.5%, SHAK -0.5%, CVET -0.3%, LGF.A -0.3%, PRI -0.3%, AXNX -0.2%, BRKS -0.1%, MSI -0.1%, POST -0.1%, VOYA -0.1%, AGO -0.1%

Companies trading lower in after hours in reaction to news: DRNA -23.9% (announces top-line results from PHYOX 2 trial of nedosiran), AIN -5% (stock offering), OCUL -4.9% (OCUL announces that REGN has terminated collaboration), IIVI -2.3% (files for convertible preferred stock offering by selling shareholders), PIRS -1.3% (files for $250 mln mixed securities shelf offering), APTV -0.4% (files mixed securities shelf offering), SURF -0.4% (files for $300 mln mixed securities shelf offering), OM -0.1% (interim CFO is named permanent CFO), REGN -0.1% (OCUL announces that REGN has terminated collaboration), TPB -0.1% (Standard General lowers active stake)

>>> TradeGate Pré Market Indications

DAX:

Allianz (ALV TH) +2.5%

Allianz Raises Outlook in Bid to Reassure Investors After Probe

Bayer (BAYN TH) +1.2%

Bayer Starts Latest Roundup Trial With Leg Up After Three Losses

Covestro (1COV TH) +1.1%

Covestro Sees 3Q Ebitda EU760M to EU860M

Vonovia (VNA TH) +0.9%

Vonovia Boosts FY Adjusted Ebitda Forecast

MDAX:

Carl Zeiss Meditec (AFX TH) +1.5%

Carl Zeiss Meditec 9M Ebit EU282.8M Vs. EU111.9M Y/y

Aurubis (NDA TH) +1.4%

Lufthansa (LHA TH) +1.3%

HelloFresh (HFG TH) -4.8%

HelloFresh Margin Guidance Cut May Eclipse Sales Beat: Analysts

SDAX:

Befesa (BFSA TH) +2.4%

RTL (RRTL TH) +2.2%

SGL (SGL TH) +1.7%

Jenoptik (JEN TH) +0.7%

Jenoptik Rated New Buy at Berenberg; PT 37 euros

Schaeffler (SHA TH) -0.1%

Schaeffler Conference Call Set By M.M. Warburg & CO for Aug. 6

Suess MicroTec (SMHN TH) -0.6%

Deutz (DEZ TH) -0.8%

>>> Stoxx 600 Pre-Market

Allianz (ALV TH) +2.4%

Allianz Lifts Outlook to Reassure Investors After Fund Probe (1)

Prosus (1TY TH) +1.3%

Alibaba Said to Warn of Higher Taxes as China Crackdown Widens

Bayer (BAYN TH) +1.2%

NOTE: Bayer slumped 7.6% after Thursday’s 2Q update

Nel (D7G TH) +1.2%

Orsted (D2G TH) +1.1%

Carl Zeiss Meditec (AFX TH) +0.8%

Carl Zeiss Meditec 9M Ebit EU282.8M Vs. EU111.9M Y/y

ING (INN1 TH) +0.8%

ING Signals Bumper Payouts as 2Q Profit Beats Expectations (2)

Glaxo (GS7 TH) +0.7%

AUTO1 (AG1 TH) -0.8%

AUTO1 Boosts FY Revenue Forecast

TUI (TUI1 TH) -0.9%

Vestas (VWSB TH) -1%

TotalEnergies (TOTB TH) -1%

Siemens Gamesa (GTQ1 TH) -1.7%

Sodexo (SJ7 TH) -1.7%

MS Switches Catering Stock Preference to Compass From Sodexo

Rational (RAA TH) -2.2%

Eurofins Scientific (ESF0 TH) -2.6%

CNH Industrial (37C TH) -2.8%

HelloFresh (HFG TH) -3.9%

HelloFresh Margin Guidance Cut May Eclipse Sales Beat: Analysts

>>> Europe : Brokers Upgrades & Downgrades - 5th of August 2021 V2(+)

>>> Up

* Aker BP Raised to Buy at SpareBank; PT 280 kroner

* Fraport Raised to Hold at LBBW; PT 60 euros
* Hexagon Composites Raised to Buy at SpareBank; PT 52 kroner

* Hugo Boss PT Raised to 70 euros from 57 euros at M.M. Warburg (+)

* SocGen Raised to Equal-Weight at Barclays; PT 23 euros

* Unite Group Raised to Overweight at JPMorgan; PT 1,350 pence

* VAT PT Raised to 380 Swiss francs at Bank Vontobel (+)

* Voestalpine Raised to Add at AlphaValue/Baader (+)

* Wizz Air Raised to Hold at Raiffeisen Bank; PT 5,150 pence

* Wolters Kluwer Raised to Reduce at AlphaValue/Baader

>>> Down
* BAE Cut to Neutral at JPMorgan

* EDP Renovaveis Cut to Underweight at Grupo Santander
* Lloyds Cut to Sell at Goldman; PT 45 pence

* Novo Nordisk Cut to Hold at Jyske Bank; PT 645 kroner (+)

>>> Initiation
* Krones Rated New Buy at SRH AlsterResearch; PT 120 euros

* SigmaRoc Reinstated Buy at Liberum; PT 125 pence

>>> Call
* Credit Agricole Earnings Strong, Shares Should Benefit: RBC (+)

* Merck KGaA Reiterated Buy by Redburn on ‘Impressive’ Results (+)

>>> TradeGate Pre-Market Indications