HIGHER: CRISPR Therapeutics (CRSP) up 15.7% after FDA announced a lift of its hold on CTX001... K2M Group Holdings (KTWO) up 4.5% after FDA cleared its Mesa technology platform... Sage Therapeutics (SAGE) up 2.2% after being initiated with Outperform at Oppenheimer... US Foods (USFD) up 0.9% after being awarded a $453M DoD contract... Venator Materials (VNTR) up 0.9% after Point72 reported a 5.5% stake... Canadian Solar (CSIQ) up 0.8% after Lion Point raised its stake... Celestica (CLS) up 0.7% after being upgraded at Macquarie... Zumiez (ZUMZ) up 0.5% after September SSS data... Murphy Oil (MUR) up 0.4% after announcing deep water deal with Petrobras in Gulf of Mexico. DOWN AFTER EARNINGS: VOXX (VOXX) down 5.7%. ALSO LOWER: Fluor (FLR) down 13.7% after below-consensus Q3 revenue guidance... ENDRA Life Sciences (NDRA) down 9.8% after filing common stock offering... Square (SQ) down 9.0% after resignation of CFO... SeaSpine Holding (SPNE) down 5.3% after equity offering... Costco (COST) down 0.8% after September SSS.
Pre-earnings options volume in VOXX is 14.3x normal with puts leading calls 7:5. Implied volatility suggests the market is anticipating a move near 23.4%, or $1.34, after results are released. Median move over the past eight quarters is 13.9%.
VOXX Automotive and UniKey Technologies announced a strategic partnership that will see the two companies bring secure, keyless products, and vehicle access solutions to the automotive market. VOXX Automotive is a business unit of VOXX International. A contract awarded to VOXX Automotive by an electric vehicle maker has the two companies already working on a keyless solution for an EV model to be delivered in 2019. Looking ahead, this partnership is expected to yield family key-sharing and car-sharing services as well as similar uses by car rental firms and auto fleet operators.