Gapping down
In reaction to earnings/guidance:
- FCEL -6.7%, UAL -2.1%, AA -1.8%, TAL -1.8%, NTRS -1.4%, DCBO -1.2% (guides Q4 revs slightly above consensus; also announces stock offering), STL -0.7%, DFS -0.6%, SBNY -0.5%
Other news:
- CYRX -8% (prices offering of 3,787,878 newly issued shares of common stock at $66.00 per share)
- AWH -7.9% (files for $100 mln mixed securities shelf offering)
- INO -6% (prices offering of $17.7 mln shares of common stock at $8.50 per share)
- FTOC -5.2% (in talks to merge with online payments firm Payoneer, according to Bloomberg)
- CTMX -4.8% (prices offering of 14,285,714 shares of its common stock at $7.00 per share)
- ONCS -4.5% (stock offering)
- VNET -4.3% (convertible notes offering)
- ORC -4.2% (prices offering of 7.6 mln shares of common stock worth $40.3 mln)
- SI -3.7% (stock offering)
- NVTA -2.3% (stock offering)
- AQB -1.1% (files for $200 mln mixed securities shelf offering)
Analyst comments:
- MAXR -4.6% (downgraded to Neutral from Overweight at JP Morgan)
- U -2% (downgraded to Underperform from Neutral at BofA Securities)
- TGI -1.4% (downgraded to Neutral from Outperform at Credit Suisse)
- DD -1.2% (downgraded to Neutral from Buy at BofA Securities)
- BJRI -0.9% (downgraded to Hold from Buy at Deutsche Bank)
- HE -0.8% (downgraded to Sell from Neutral at Guggenheim)
- HXL -0.8% (downgraded to Underperform from Neutral at Credit Suisse)
- VMW -0.5% (downgraded to Sector Weight from Overweight at KeyBanc Capital Markets)