Early premarket gappers
- Gapping up:
- TECD +11.63%, TIGO +3.85%, BABA +0.87%
- Gapping down:
- PCG -9.67%, SINA -3.02%, VIPS -2.37%, FXI -2.31%, NIO -2.03%, ASHR -1.46%, LK -1.40%, HUYA -1.39%, TSM -1.15%, XLNX -1.07% AVGO -1.06%, JD -1.06%, ROKU -0.99%, STM -0.80%, BIDU -0.72%, UBER -0.64%, SMH -0.60%, DLTR -0.35%
Gapping down
In reaction to disappointing earnings/guidance:
- CENT -9.2%, GES -4.9%, DELL -4.1%, DE -4%, QADA -2.7%, ADSK -0.7%
Other news:
- ARAV -17.8% (commenced public offering of common stock)
- BA -1.3% FAA to oversee 737 MAX shipments; 777X split during tests in September
Analyst comments:
- AAXN -3% downgraded at RayJay
- DLTR -0.5% downgraded at JPM and TAG
Gapping Up
In reaction to strong earnings/guidance:
- BOX +4.5%, BTI +4.3%, DOYU +4.1%, VEEV +3.5%, KEYS +2.7%, VMW +2.4%, HPQ +1.5%, FRO +0.6%, DAKT +0.4%
M&A news:
- AVX +35.4% Kyocera offers $19.50/cash
Select cannabis stocks higher after industry pushed for reduced regulation in California
- ACB +3.3%, VFF +3.1%, IIPR +2.5%, CGC +1.8%, APHA +1.1%, TLRY +1%, OGI +0.8%
Other news:
- MOV +2% (light volume; after closing lower by 20%)
- INCY +1.3% FDA accepts pemigatinib NDA
- TSLA +0.7% Musk tweets 250K Cybertruck orders
Analyst comments:
- UAA +3.5% upgraded at RayJay
- BMRN +1.5% upgraded at Barclays
- DKS +1.3% upgraded at Barclays and Evercore ISI