>>> Gapping down

Gapping down
In reaction to earnings/guidance
:
  • EGAN -22.1%, LULU -20.4%, OXM -17.7%, GWRE -14.7%, ASAN -9.9%, PATH -6.7% (also names new CFO; also Ashim Gupta will remain COO and give up the CFO title), FAST -2.6% (Aug sales), ZS -1.6% (also to cut about 3% of workforce in restructuring move)
Other news:
  • BILI -4.5% (proposes $700 mln convertible notes due 2031, concurrent equity placement and share repurchases)
  • ADBE -2.8% (names Anil Chakravarthy as next CEO; Shantanu Narayen to become Executive Chair)
  • BALY -2.6% (CFO to resign)
  • BETR -1.5% (urges shareholders to reject former CEO consent push)
  • RGP -1.4% (CFO to step down)
  • KMDA -0.8% (obtains tax ruling)
  • AMRX -0.7% (stock offering by selling shareholders)