Equities
Positive Day For US Stocks Indices
Another excellent day for earnings reports, with Amazon blowing expectations out of the water
Published ET

Sources: ϕpost, FactSet data
QUICK SUMMARY
- Daily performance of US indices: S&P 500 up 0.68%; Nasdaq Composite up 0.22%; Wilshire 5000 up 0.44%
- Top performing sectors: telecoms up 2.75% and financials up 1.82%
- Bottom performing sectors: health care down -0.39% and technology down -0.03%
- The excellent earnings season continues, with a blended earnings growth rate of 44% so far (Factset data).
- Factset further points out that "86%+ of reporters have surpassed consensus EPS expectations, above the 77% one-year average and a record high since FactSet started tracking the data in 2008. In aggregate, companies are beating earnings expectations by 23.5%, better than the 14.5% one-year average positive surprise rate and also a record high."
- 1-month at-the-money implied volatility on the S&P 500 at 13.4%, up from 12.8%
- Daily performance of international indices: Europe Stoxx 600 down 0.00%; China CSI 300 down -0.44%; Japan down -0.14%; UK FTSE 100 down -0.03%
- 1-month at-the-money implied volatility on the Europe Stoxx 600 at 12.2%, up from 11.7%
NOTABLE WINNERS
- Privia Health Group Inc (PRVA), a healthcare company based in Arlington (Virginia), up 51.1%
- Ocular Therapeutix Inc (OCUL), a pharmaceuticals, biotechnology & life sciences company based in Bedford (Massachusetts), up 22.7%
- 1-800-Flowers.Com Inc (FLWS), a retailing company based in Carle Place (New York), up 20.5%
- VEREIT Inc (VER), a real estate company based in Phoenix (Arizona), up 16.0%
- Century Communities Inc (CCS), a consumer durables & apparel company based in Greenwood Village (Colorado), up 13.1%
- Extreme Networks Inc (EXTR), a technology hardware & equipment company based in San Jose (California), up 12.3%
- Meritage Homes Corp (MTH), a consumer durables & apparel company based in Scottsdale (Arizona), up 11.7%
- Nokia Oyj (NOK), a technology hardware & equipment company based in Espoo (Finland), up 11.2%
- Studio City International Holdings Ltd (MSC), a consumer services company based in (Hong Kong), up 10.7%
- Realogy Holdings Corp (RLGY), a real estate company based in Madison (New Jersey), up 10.4%
NOTABLE LOSERS
- Brooklyn Immunotherapeutics Inc (BTX), a clinical-stage biopharmaceutical company based in Brooklyn (New York), down 21.7%
- Impinj Inc (PI), a semiconductors & semiconductor equipment company based in Seattle (Washington), down 19.4%
- FormFactor Inc (FORM), a semiconductors & semiconductor equipment company based in Livermore (California), down 18.2%
- Cohu Inc (COHU), a semiconductors & semiconductor equipment company based in Poway (California), down 16.9%
- Resolute Forest Products Inc (RFP), a materials company based in Montreal (Canada), down 15.4%
- Coeur Mining Inc (CDE), a materials company based in Chicago (Illinois), down 14.4%
- MicroVision Inc (MVIS), a technology hardware & equipment company based in Redmond (Washington), down 14.2%
- Aspen Technology Inc (AZPN), a software & services company based in Bedford (Massachusetts), down 13.2%
- Cree Inc (CREE), a semiconductors & semiconductor equipment company based in Durham (North Carolina), down 12.6%
- Smart Share Global Ltd (EM), a retailing company based in Shanghai (China), down 12.5%
NOTABLE IPOs
- 468 Spac I SE / Luxembourg - Financials / Listing Exchange: Frankfurt / Ticker: SPAC / Gross proceeds (including overallotment): US$ 363.54m / Bookrunners: Joh Berenberg Gossler & Co KG(London Branch)
NOTABLE FOLLOW-ONS
- Euronext NV / France - Financials / Listing Exchange: Euro Paris / Ticker: ENX / Gross proceeds (including overallotment): US$ 2,206.02m / Bookrunners: Mediobanca-Banca di Credito Finanziario SpA, Milan National Corporation, ING Bank NV, Societe Generale SA, BNP Paribas SA, Credit Agricole Corporate & Investment Bank, UniCredit Bank AG, ABN AMRO Bank, INTESA SANPAOLO S.P.A, BofA Securities Europe SA, JP Morgan AG, HSBC Continental Europe SA
- Victory Giant Technology (Huizhou) Co Ltd / China - High Technology / Listing Exchange: ShenzChNxt / Ticker: 300476 / Gross proceeds (including overallotment): US$ 308.78m
- Jinzhou Port Co Ltd / China - Industrials / Listing Exchange: Shanghai / Ticker: 900952 / Gross proceeds (including overallotment): US$ 250.11m
- CMGE Technology Group Ltd / China - High Technology / Listing Exchange: Hong Kong / Ticker: 0302 / Gross proceeds (including overallotment): US$ 109.63m