QUICK SUMMARY

• Daily performance of US indices: S&P 500 up 0.14%; Nasdaq Composite up 0.14%; Wilshire 5000 up 0.17%
• 51.9% of S&P 500 stocks were up today, with 90.5% of stocks above their 200-day moving average (DMA) and 71.5% above their 50-DMA
• Top performing sectors: energy up 1.74% and real estate up 1.41%
• Bottom performing sectors: materials down -0.94% and consumer discretionary down -0.40%
• The S&P 500 Value Index was up 0.2%, while the S&P 500 Growth Index was up 0.1%; the S&P small caps index was down -0.1% and mid caps were down -0.6%
• Daily performance of international indices: Europe Stoxx 600 up 0.28%; China CSI 300 down -0.02%; Japan up 1.12%; UK FTSE 100 up 0.39%

VOLATILITY

• 1-month at-the-money implied volatility on the S&P 500 at 15.0%, down from 15.1%
• 1-month at-the-money implied volatility on the Europe Stoxx 600 at 12.6%, up from 11.9%

NOTABLE S&P 500 EARNINGS RELEASES

Advance Auto Parts Inc (Consumer Cyclicals): beat on EPS (3.34 act. vs. 1.97 est.) and beat on revenue (3,330m act. vs. 2,362m est.)

Northern Trust Corp (Financials): beat on EPS (1.70 act. vs. 1.49 est.) and beat on revenue (1,590m act. vs. 1,540m est.)

Quanta Services Inc (Industrials): beat on EPS (0.83 act. vs. 0.73 est.) and missed on revenue (2,704m act. vs. 2,727m est.)

TOP WINNERS

• AMC Entertainment Holdings Inc (AMC), up 95.2% to $4.37 / YTD price return: +2,850.5% / 12-Month Price Range: $ .72-4.87 / Short interest (% of float): 4.6%; days to cover: 0.4
• Constellation Pharmaceuticals Inc (CNST), up 65.9% to $10.01 / YTD price return: +16.6% / 12-Month Price Range: $ 1.76-39.10
• Bed Bath & Beyond Inc (BBBY), up 62.1% to $33.82 / YTD price return: +148.8% / 12-Month Price Range: $ 9.17-35.15 / Short interest (% of float): 3.0%; days to cover: 2.1
• BlackBerry Ltd (BB), up 31.9% to $18.38 / YTD price return: +130.0% / 12-Month Price Range: $ 6.19-18.74 / Short interest (% of float): 4.4%; days to cover: 2.5
• Skillz Inc (SKLZ), up 26.8% to $30.95 / YTD price return: +7.8% / 12-Month Price Range: $ 25.50-32.08
• Lordstown Motors Corp (RIDE), up 19.7% to $19.05 / YTD price return: -38.3% / 12-Month Price Range: $ .90-28.00 / Short interest (% of float): 21.7%; days to cover: 0.8
• Workhorse Group Inc (WKHS), up 19.6% to $8.42 / YTD price return: -41.8% / 12-Month Price Range: $ 1.45-10.61 / Short interest (% of float): 1.5%; days to cover: 1.9
• Oceaneering International Inc (OII), up 19.5% to $3.51 / YTD price return: +128.9% / 12-Month Price Range: $ .90-3.69
• Nikola Corporation (NKLA), up 18.8% to $5.97 / YTD price return: +20.2% / 12-Month Price Range: $ .51-6.25 / Short interest (% of float): 14.0%; days to cover: 3.2
• Dillard's Inc (DDS), up 18.1% to $18.84 / YTD price return: +156.3% / 12-Month Price Range: $ 14.99-19.02 / Short interest (% of float): 0.1%; days to cover: 4.3

A Credit Suisse chart for AMC, which sums up beautifully Wall Street views regarding meme stocks

BIGGEST LOSERS

• Globalstar Inc (GSAT), down 28.0% to $1.16 / YTD price return: +242.6% / 12-Month Price Range: $ .29-2.98 (the stock is currently on the short sale restriction list)
• iRhythm Technologies Inc (IRTC), down 17.7% to $62.77 / YTD price return: -73.5% / 12-Month Price Range: $ 70.35-286.19 (the stock is currently on the short sale restriction list)
• Cambium Networks Corp (CMBM), down 14.9% to $48.91 / YTD price return: +95.0% / 12-Month Price Range: $ 4.36-66.40 / Short interest (% of float): 3.4%; days to cover: 0.9 (the stock is currently on the short sale restriction list)
• MorphoSys AG (MOR), down 13.0% to $19.20 / YTD price return: -32.3% / 12-Month Price Range: $ 19.75-35.73 / Short interest (% of float): 0.1%; days to cover: 4.0 (the stock is currently on the short sale restriction list)
• Tellurian Inc (TELL), down 9.8% to $4.33 / YTD price return: +238.3% / 12-Month Price Range: $ .68-4.95 (the stock is currently on the short sale restriction list)
• Resolute Forest Products Inc (RFP), down 9.6% to $14.67 / YTD price return: +124.3% / 12-Month Price Range: $ 1.87-17.65 (the stock is currently on the short sale restriction list)
• Organogenesis Holdings Inc (ORGO), down 9.6% to $16.41 / YTD price return: +117.9% / 12-Month Price Range: $ 3.23-24.34 (the stock is currently on the short sale restriction list)
• Cloopen Group Holding Ltd (RAAS), down 9.5% to $9.00 / 12-Month Price Range: $ 8.37-59.00
• Phathom Pharmaceuticals Inc (PHAT), down 9.1% to $32.66 / 12-Month Price Range: $ 28.10-64.54
• So-Young International Inc (SY), down 8.7% to $9.84 / 12-Month Price Range: $ 6.93-17.40 (the stock is currently on the short sale restriction list)

NEW IPOs ANNOUNCED OR PRICED

• Microport Medbot (Shanghai) Co Ltd / China - Healthcare / Listing Exchange: Hong Kong / Ticker: - / Gross proceeds (including overallotment): US$ 700.00m (offering in U.S. Dollar) / Bookrunners: not announced yet
• M3-Brigade Acquisition IV Corp / United States of America - Financials / Listing Exchange: New York / Ticker: MBD.U / Gross proceeds (including overallotment): US$ 200.00m (offering in U.S. Dollar) / Bookrunners: Cantor Fitzgerald & Co

EQUITY FOLLOW-ONS / SECONDARY OFFERINGS

• Alstom SA / France - Industrials / Listing Exchange: Euro Paris / Ticker: ALSMY / Gross proceeds (including overallotment): US$ 609.15m (offering in EURO) / Bookrunners: Societe Generale SA, JP Morgan & Co Inc, BNP Paribas SA, Credit Agricole Corporate & Investment Bank, BofA Securities Inc
• AUTO1 Group SE / Germany - Retail / Listing Exchange: Frankfurt / Ticker: AG1 / Gross proceeds (including overallotment): US$ 488.44m (offering in EURO) / Bookrunners: Deutsche Bank, BNP Paribas SA, Citigroup Global Markets Europe AG, Goldman Sachs Bank Europe SE
• Dometic Group AB / Sweden - High Technology / Listing Exchange: OMX Stock / Ticker: DOM / Gross proceeds (including overallotment): US$ 405.02m (offering in Swedish Krona) / Bookrunners: Nordea Bank Sverige AB, SEB
• Hybe Co Ltd / South Korea - Media and Entertainment / Listing Exchange: Korea / Ticker: 352820 / Gross proceeds (including overallotment): US$ 402.00m (offering in Korean Won) / Bookrunners: NH Investment & Securities Co Ltd
• Evergrande Property Services Group Ltd / China - Real Estate / Listing Exchange: Hong Kong / Ticker: 6666 / Gross proceeds (including overallotment): US$ 341.03m (offering in Hong Kong Dollar) / Bookrunners: UBS (Hong Kong), Huatai Securities Co Ltd, CMB International Capital Corp
• Nuvei Corp / Canada - Financials / Listing Exchange: Toronto / Ticker: NVEI / Gross proceeds (including overallotment): US$ 500.00m (offering in U.S. Dollar) / Bookrunners: Credit Suisse, Scotiabank, Goldman Sachs Canada, National Bank Financial Inc
• Madrigal Pharmaceuticals Inc / United States of America - Healthcare / Listing Exchange: Nasdaq / Ticker: MDGL / Gross proceeds (including overallotment): US$ 200.00m (offering in U.S. Dollar) / Bookrunners: Not Applicable
• Cambium Networks Corp / United States of America - Telecommunications / Listing Exchange: Nasdaq / Ticker: CMBM / Gross proceeds (including overallotment): US$ 115.42m (offering in U.S. Dollar) / Bookrunners: Jefferies LLC, JP Morgan Securities LLC