QUICK SUMMARY

• Daily performance of US indices: S&P 500 up 0.60%; Nasdaq Composite up 0.78%; Wilshire 5000 up 0.75%
• 71.5% of S&P 500 stocks were up today, with 82.4% of stocks above their 200-day moving average (DMA) and 56.2% above their 50-DMA
• Top performing sectors in the S&P 500: energy up 1.28% and financials up 1.24%
• Bottom performing sectors in the S&P 500: health care down -0.38% and materials down -0.14%
• The number of shares in the S&P 500 traded today was 489m for a total turnover of US$ 56 bn
• The S&P 500 Value Index was up 0.7%, while the S&P 500 Growth Index was up 0.6%; the S&P small caps index was up 1.4% and mid caps were up 0.9%
• The volume on CME's INX (S&P 500 Index) was 2.0m (3-month z-score: -0.4); the 3-month average volume is 2.1m and the 12-month range is 0.8 - 5.1m
• Daily performance of international indices: Europe Stoxx 600 up 0.37%; UK FTSE 100 down -0.05%; tonight in Asia, China CSI 300 down -0.65% and Japan's TOPIX 500 down -0.11%

VOLATILITY

• 1-month at-the-money implied volatility on the S&P 500 at 12.3%, down from 14.4%
• 1-month at-the-money implied volatility on the Europe Stoxx 600 at 11.6%, down from 11.9%

NOTABLE S&P 500 EARNINGS RELEASES

• Moderna Inc (Healthcare): beat on EPS (6.46 act. vs. 5.96 est.) and beat on revenue (4,354m act. vs. 4,207m est.)
• Zoetis Inc (Healthcare): beat on EPS (1.19 act. vs. 1.08 est.) and beat on revenue (1,948m act. vs. 1,824m est.)
• Regeneron Pharmaceuticals Inc (Healthcare): beat on EPS (25.80 act. vs. 17.53 est.) and beat on revenue (5,139m act. vs. 3,917m est.)
• Monster Beverage Corp (Consumer Non-Cyclicals): beat on EPS (0.75 act. vs. 0.61 est.) and beat on revenue (1,462m act. vs. 1,222m est.)
• Resmed Inc (Healthcare): beat on EPS (1.35 act. vs. 1.30 est.) and beat on revenue (876m act. vs. 796m est.)
• Parker-Hannifin Corp (Industrials): beat on EPS (4.38 act. vs. 4.33 est.) and beat on revenue (3,959m act. vs. 3,929m est.)
• Motorola Solutions Inc (Technology): beat on EPS (2.07 act. vs. 1.92 est.) and beat on revenue (1,971m act. vs. 1,938m est.)
• PPL Corp (Utilities): missed on EPS (0.19 act. vs. 0.24 est.) and missed on revenue (1,288m act. vs. 1,420m est.)
• News Corp (Consumer Cyclicals): beat on EPS (0.16 act. vs. 0.04 est.) and beat on revenue (2,492m act. vs. 2,249m est.)
• Quanta Services Inc (Industrials): beat on EPS (1.06 act. vs. 1.04 est.) and beat on revenue (3,000m act. vs. 2,981m est.)
• Penn National Gaming Inc (Consumer Cyclicals): beat on EPS (1.17 act. vs. 0.92 est.) and beat on revenue (1,546m act. vs. 1,455m est.)
• Regency Centers Corp (Real Estate): beat on EPS (0.56 act. vs. 0.17 est.) and beat on revenue (264m act. vs. 255m est.)
• NRG Energy Inc (Utilities): beat on EPS (4.40 act. vs. 1.38 est.) and beat on revenue (5,243m act. vs. 3,049m est.)
• Pinnacle West Capital Corp (Utilities): beat on EPS (1.91 act. vs. 1.65 est.) and beat on revenue (1,000m act. vs. 948m est.)

TOP WINNERS

• Score Media and Gaming Inc (SCR), up 79.9% to $32.64 / YTD price return: +173.3% / 12-Month Price Range: $ 4.03-45.00 / Short interest (% of float): 3.7%; days to cover: 1.8
• Zymergen Inc (ZY), up 75.2% to $14.45 / 12-Month Price Range: $ 7.85-52.00 / Short interest (% of float): 2.2%; days to cover: 5.5
• SiTime Corp (SITM), up 31.2% to $185.00 / YTD price return: +65.3% / 12-Month Price Range: $ 56.08-151.78 / Short interest (% of float): 3.7%; days to cover: 3.5
• Veoneer Inc (VNE), up 28.5% to $40.15 / YTD price return: +88.5% / 12-Month Price Range: $ 9.70-32.70 / Short interest (% of float): 6.8%; days to cover: 16.3
• Astra Space Inc (ASTR), up 23.9% to $10.22 / YTD price return: +1.1% / 12-Month Price Range: $ 8.12-22.47 / Short interest (% of float): 2.8%; days to cover: 1.5
• Newegg Commerce Inc (NEGG), up 22.4% to $20.33 / YTD price return: +389.9% / 12-Month Price Range: $ 2.76-79.07 / Short interest (% of float): 11.5%; days to cover: 0.3
• Microvast Holdings Inc (MVST), up 20.6% to $10.47 / YTD price return: -38.8% / 12-Month Price Range: $ 7.83-25.20 / Short interest (% of float): 0.9%; days to cover: 3.1
• Arcturus Therapeutics Holdings Inc (ARCT), up 20.5% to $53.93 / YTD price return: +24.3% / 12-Month Price Range: $ 24.87-129.71 / Short interest (% of float): 17.3%; days to cover: 7.2
• STAAR Surgical Co (STAA), up 20.4% to $155.05 / YTD price return: +95.7% / 12-Month Price Range: $ 45.47-161.71
• Caribou Biosciences Inc (CRBU), up 20.2% to $21.70 / 12-Month Price Range: $ 15.00-19.68

BIGGEST LOSERS

• Robinhood Markets Inc (HOOD), down 27.6% to $50.97 / 12-Month Price Range: $ 33.25-85.00 (the stock is currently on the short sale restriction list)
• Inogen Inc (INGN), down 26.7% to $60.29 / YTD price return: +34.9% / 12-Month Price Range: $ 26.57-82.35 / Short interest (% of float): 1.7%; days to cover: 2.9 (the stock is currently on the short sale restriction list)
• Itron Inc (ITRI), down 26.4% to $71.84 / YTD price return: -25.1% / 12-Month Price Range: $ 53.49-122.31 / Short interest (% of float): 3.8%; days to cover: 6.2 (the stock is currently on the short sale restriction list)
• Fiverr International Ltd (FVRR), down 24.1% to $175.06 / YTD price return: -10.3% / 12-Month Price Range: $ 102.42-336.00 / Short interest (% of float): 6.9%; days to cover: 3.8 (the stock is currently on the short sale restriction list)
• Nevro Corp (NVRO), down 22.2% to $115.07 / YTD price return: -33.5% / 12-Month Price Range: $ 128.70-188.14 / Short interest (% of float): 9.7%; days to cover: 7.7 (the stock is currently on the short sale restriction list)
• Amedisys Inc (AMED), down 21.9% to $200.13 / YTD price return: -31.8% / 12-Month Price Range: $ 216.20-325.12 / Short interest (% of float): 2.2%; days to cover: #N/A (the stock is currently on the short sale restriction list)
• CommScope Holding Company Inc (COMM), down 20.7% to $16.41 / YTD price return: +22.5% / 12-Month Price Range: $ 8.25-22.18 / Short interest (% of float): 3.5%; days to cover: 3.2 (the stock is currently on the short sale restriction list)
• Latham Group Inc (SWIM), down 18.1% to $21.62 / 12-Month Price Range: $ 23.58-34.73 / Short interest (% of float): 4.3%; days to cover: 7.1 (the stock is currently on the short sale restriction list)
• Revolve Group Inc (RVLV), down 14.9% to $60.68 / YTD price return: +94.7% / 12-Month Price Range: $ 16.12-74.82 / Short interest (% of float): 10.7%; days to cover: 3.1 (the stock is currently on the short sale restriction list)
• CMC Materials Inc (CCMP), down 14.4% to $124.79 / YTD price return: -17.5% / 12-Month Price Range: $ 133.01-198.61 / Short interest (% of float): 1.5%; days to cover: #N/A (the stock is currently on the short sale restriction list)

VALUATION MULTIPLES BY SECTORS

NEW IPOs ANNOUNCED OR PRICED

• Weber Inc / United States of America - Consumer Staples / Listing Exchange: New York / Ticker: WEBR / Gross proceeds (including overallotment): US$ 250.00m (offering in U.S. Dollar) / Bookrunners: Goldman Sachs & Co, JP Morgan Securities LLC, Bofa Securities Inc
• European Wax Center Inc / United States of America - Consumer Products and Services / Listing Exchange: Nasdaq / Ticker: EWCZ / Gross proceeds (including overallotment): US$ 180.20m (offering in U.S. Dollar) / Bookrunners: Jefferies LLC, Morgan Stanley & Co LLC, Bofa Securities Inc
• China Railway Special Cargo Logistics Co Ltd / China - Industrials / Listing Exchange: Shenzhen / Ticker: 001213 / Gross proceeds (including overallotment): US$ 190.55m (offering in Chinese Yuan) / Bookrunners: China International Capital Corp

EQUITY FOLLOW-ONS / SECONDARY OFFERINGS

• Green Plains Inc / United States of America - Materials / Listing Exchange: Nasdaq / Ticker: GPRE / Gross proceeds (including overallotment): US$ 152.00m (offering in U.S. Dollar) / Bookrunners: Jefferies LLC, Bofa Securities Inc
• Money Forward Inc / Japan - High Technology / Listing Exchange: Tokyo 1 / Ticker: 3994 / Gross proceeds (including overallotment): US$ 300.81m (offering in Japanese Yen) / Bookrunners: Goldman Sachs International, Merrill Lynch International Ltd, Mizuho International PLC
• Xinte Energy Co Ltd / China - Energy and Power / Listing Exchange: Hong Kong / Ticker: 1799 / Gross proceeds (including overallotment): US$ 133.05m (offering in Hong Kong Dollar) / Bookrunners: China International Capital Corp