QUICK SUMMARY

• Daily performance of US indices: S&P 500 up 0.51%; Nasdaq Composite up 0.79%; Wilshire 5000 up 0.53%
• 52.1% of S&P 500 stocks were up today, with 88.5% of stocks above their 200-day moving average (DMA) and 45.0% above their 50-DMA
• The turnover of S&P 500 shares traded today was $60.8 bn, with 0.5 bn shares traded
• Top performing sectors: consumer discretionary up 1.04% and technology up 0.89%
• Bottom performing sectors: utilities down -0.68% and real estate down -0.44%
• The S&P 500 Value Index was up 0.1%, while the S&P 500 Growth Index was up 0.9%; the S&P small caps index was up 0.5% and mid caps were up 0.1%
• The volume on the INX was low today at 1.8m (3-month z-score: -1.2); the 3-month average volume is 2.2m and the 12-month range is 0.8 - 5.1m
• Daily performance of international indices: Europe Stoxx 600 up 0.26%; China CSI 300 down -0.12%; Japan down -0.33%; UK FTSE 100 up 0.39%

VOLATILITY

• 1-month at-the-money implied volatility on the S&P 500 at 11.0%, down from 11.8%
• 1-month at-the-money implied volatility on the Europe Stoxx 600 at 12.9%, down from 13.7%

TOP WINNERS

• 3D Systems Corp (DDD), up 27.7% to $61.56 / YTD price return: +251.8% / 12-Month Price Range: $ 11.15-62.10 / Short interest (% of float): 2.4%; days to cover: 4.6
• Globalstar Inc (GSAT), up 23.2% to $7.00 / YTD price return: +452.3% / 12-Month Price Range: $ .21-10.88 / Short interest (% of float): 12.7%; days to cover: 2.3
• Plug Power Inc (PLUG), up 14.0% to $57.82 / YTD price return: +.3% / 12-Month Price Range: $ 19.84-57.91 / Short interest (% of float): 1.6%; days to cover: 2.6
• Sally Beauty Holdings Inc (SBH), up 13.6% to $3.70 / YTD price return: +69.3% / 12-Month Price Range: $ .90-3.70 / Short interest (% of float): 4.9%; days to cover: 3.3
• Full Truck Alliance Co Ltd (YMM), up 13.2% to $28.86 / 12-Month Price Range: $ 13.53-28.18 / Short interest (% of float): 10.8%; days to cover: 3.6
• Clover Health Investments Corp (CLOV), up 12.4% to $13.50 / YTD price return: -24.7% / 12-Month Price Range: $ 7.52-32.85 / Short interest (% of float): 5.2%; days to cover: 2.2
• Stratasys Ltd (SSYS), up 11.7% to $45.21 / YTD price return: +19.8% / 12-Month Price Range: $ 28.25-42.89
• DigitalOcean Holdings Inc (DOCN), up 11.5% to $1.86 / 12-Month Price Range: $ .29-2.98 / Short interest (% of float): 6.9%; days to cover: 2.5
• Splunk Inc (SPLK), up 11.3% to $23.83 / YTD price return: -17.8% / 12-Month Price Range: $ 3.65-28.70 / Short interest (% of float): 9.7%; days to cover: 8.6
• Upwork Inc (UPWK), up 11.0% to $77.63 / YTD price return: +57.6% / 12-Month Price Range: $ 2.61-117.54 / Short interest (% of float): 10.1%; days to cover: 2.4

BIGGEST LOSERS

• Torchlight Energy Resources Inc (TRCH), down 29.4% to $13.84 / YTD price return: +900.0% / 12-Month Price Range: $ 13.62-18.49 (the stock is currently on the short sale restriction list)
• Cassava Sciences Inc (SAVA), down 13.5% to $22.61 / YTD price return: +1,038.3% / 12-Month Price Range: $ 15.09-53.60 / Short interest (% of float): 2.9%; days to cover: 4.5 (the stock is currently on the short sale restriction list)
• MicroVision Inc (MVIS), down 10.6% to $25.89 / YTD price return: +225.1% / 12-Month Price Range: $ 23.59-37.00 / Short interest (% of float): 1.4%; days to cover: 4.1 (the stock is currently on the short sale restriction list)
• JinkoSolar Holding Co Ltd (JKS), down 10.0% to $26.88 / YTD price return: -40.0% / 12-Month Price Range: $ 14.25-34.43 / Short interest (% of float): 1.8%; days to cover: 0.3 (the stock is currently on the short sale restriction list)
• Nam Tai Property Inc (NTP), down 8.5% to $553.72 / 12-Month Price Range: $ 113.55-1,315.00 / Short interest (% of float): 22.9%; days to cover: 2.9 (the stock is currently on the short sale restriction list)
• Arrival SA (ARVL), down 8.4% to $219.01 / YTD price return: -42.7% / 12-Month Price Range: $ 155.01-237.50
• Xpeng Inc (XPEV), down 8.3% to $9.23 / YTD price return: -6.6% / 12-Month Price Range: $ 1.57-10.61 / Short interest (% of float): 3.0%; days to cover: 2.8
• Prothena Corporation PLC (PRTA), down 8.3% to $19.92 / 12-Month Price Range: $ 16.28-44.60 / Short interest (% of float): 2.0%; days to cover: 8.5
• Uxin Ltd (UXIN), down 8.2% to $17.93 / YTD price return: +298.9% / 12-Month Price Range: $ 9.99-29.50 / Short interest (% of float): 1.4%; days to cover: 6.9 (the stock is currently on the short sale restriction list)
• MiMedx Group Inc (MDXG), down 8.0% to $24.08 / YTD price return: +26.5% / 12-Month Price Range: $ 4.02-38.50 / Short interest (% of float): 4.6%; days to cover: 0.7 (the stock is currently on the short sale restriction list)

VALUATION METRICS CHARTS

NEW IPOs ANNOUNCED OR PRICED

• bleuacacia ltd / United States of America - Financials / Listing Exchange: New York / Ticker: BLEU.U / Gross proceeds (including overallotment): US$ 300.00m (offering in U.S. Dollar) / Bookrunners: Citigroup Global Markets Inc, Credit Suisse Securities (USA) LLC
• Full Truck Alliance Co Ltd / China - High Technology / Listing Exchange: New York / Ticker: YMM / Gross proceeds (including overallotment): US$ 1,567.50m (offering in U.S. Dollar) / Bookrunners: Goldman Sachs (Asia), China International Capital Corp HK Securities Ltd, Morgan Stanley & Co LLC
• Plus Alpha Consulting Co Ltd / Japan - High Technology / Listing Exchange: Mothers / Ticker: 4071 / Gross proceeds (including overallotment): US$ 227.63m (offering in Japanese Yen) / Bookrunners: Nomura Securities Co Ltd
• Cedarlake Acquisition Corp / Hong Kong - Financials / Listing Exchange: New York / Ticker: CEDA.U / Gross proceeds (including overallotment): US$ 200.00m (offering in U.S. Dollar) / Bookrunners: Morgan Stanley & Co LLC, Bofa Securities Inc

EQUITY FOLLOW-ONS / SECONDARY OFFERINGS

• Focus Financial Partners Inc / United States of America - Financials / Listing Exchange: Nasdaq / Ticker: FOCS / Gross proceeds (including overallotment): US$ 373.12m (offering in U.S. Dollar) / Bookrunners: Goldman Sachs & Co
• Phoenix Group Holdings PLC / United Kingdom - Financials / Listing Exchange: London / Ticker: L53 / Gross proceeds (including overallotment): US$ 717.07m (offering in British Pound) / Bookrunners: Merrill Lynch International Ltd, HSBC Bank PLC, Citigroup Global Markets Ltd
• Olam International Ltd / Singapore - Consumer Staples / Listing Exchange: Singapore / Ticker: OLAM / Gross proceeds (including overallotment): US$ 448.40m (offering in Singapore Dollar) / Bookrunners: Hongkong and Shanghai Banking Corp (Singapore), DBS Bank Ltd, Credit Suisse (Singapore) Ltd, BNP Paribas Singapore Ltd, Mizuho Securities Singapore Pte Ltd