Pre-Market Gappers
Gapping up on strong earnings/guidance: NGA +6.7%, EMAG +5.6%, ASMI +5.5%, CTCM +4.1%, HUM +3.8%, UAUA +1.3%… Other news: FLSH +11% (to be acquired by SNDK; up in sympathy: SIMO +7%), POZN +15% (to submit response to FDA approvable letter for Trexima in Q4), PD +5.5% (Grupo Mexico considering a bid for the co - Globe and Mail; also Pru upgrade), COH +4.8% (mentioned positively in Barron’s), RMBS +4.4% (BWS Financial upgrade), CPO +3.3% (corn prices rise as heat wave threatens crops), EP +3.2% (mentioned positively in Barron’s), HSOA +2.7%, LBIX +2.7% (extends recent momentum), AAPL +2.2% (BofA upgrade), PWAV +2.1% (reports tonight after the close), CHK +2.1%, WMT +1.8% (July sales guidance), PFE +1.7% (names new CEO), SIRI +1.5% (announces that its service will be offered on Mitsubishi cars), SNY +1.4% (states reject Plavix deal)… Under $3: CYTR +22% (completes Phase 1 HIV trial), VLTS +11%.
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