Wednesday, July 12, 2023

Wednesday 12 July 2023 Morning Notes

Yesterday a judge gave the green light to the MSFT/ATVI deal, sending ATVI shares spiking. That was a merger arb situation I kept eyeballing but never got involved in.

Yesterday AMC:
Today BMO:

Other News:

Follow through names to watch:

GAINERS:
RXRX: +120% at 14.85 on $50m investment from NVDA;
AVRO: +30% at 1.30 on "strategic alternatives";
LPSN: +27% at 5.42 on CEO departure;

LOSERS:
SILK: -21% at 25.64, stock has seen some suspect put buys in days leading up to drop;

Follow through watch:

Day before Y'day AMC: WDFC
Yesterday BMO:

Y'day Other News:

2 days ago AMC:
2 days ago BMO: HELE

2 days ago Other News: HELE: +14% at 128; IEP: +10% at 31.80 on shoring up business;

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