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.
VOXX is now HIPAA compliant. The Health Insurance Portability and Accountability Act is a federal law that provides data privacy and security provisions for safeguarding medical information and other personal health information. VOXX's move to become HIPAA complaint enables the company to integrate with HIPAA-covered organizations the company does business with, while expanding opportunities with other HIPAA-covered organizations.
VOXX's majority-owned subsidiary EyeLock, a provider of iris-based identity authentication solutions, and ViaTouch Media announced the integration of EyeLock's embedded iris recognition technology into ViaTouch's Auto-Retail solution. ViaTouch Media launched LISA, a real-time, interactive media solution designed to customize interaction between consumers and technology to drive a better consumer engagement. From LISA, Vicki was born, which recognizes and authenticates a consumer, gets to know their preferences and then acts upon them, delivering loyalty programs, discounts and other incentives all through real-time, interactive media and artificial intelligence technology. Through this strategic partnership with EyeLock, Vicki will provide consumers with EyeLock's iris authentication technology embedded into the machine itself. Machines utilizing EyeLock's innovative solutions will be available in early 2Q18. Vicki will be available in January 2018.
EyeLock, a majority owned subsidiary of VOXX International, announced that the United States Patent and Trademark Office has issued three new U.S. Patents: No. 9,792,498, No. 9,792,499 and No. 9,792,497, making that a total of 54 patents granted to the Company to date. The new patents cover crucial technology innovations for the validation of iris and facial images; the ease and speed of biometric matching; and visual guidance for gaze alignment.