Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- WGO -9.7%, PVH -8.3%, BARK -7.4%, DSGX -6.6% (also announces cost reduction initiatives, including 7% global workforce reduction), CIEN -5.6%, UMC -1% (reports May sales), BKE -0.9% (May comps)
Other news:
- CGEM -5.7% (license agreement with Genrix Bio)
- KNSA -2.1% (announces details for its planned Phase 2/3 clinical trial of KPL-387)
- CYBR -2% ($750 mln convertible notes offering)
- LTH -1.8% (commences secondary offering of 20.0 mln shares of common stock)
- BV -1.4% (prices upsized 11.6 mln share underwritten secondary offering by a selling stockholder affiliated with KKR)
- SNDK -1.2% (SNDK announces launch of 17 mln share offering by WDC, its former parent; relates to debt-for-equity exchange)