Gapping down
In reaction to earnings/guidance:
- EVA -6.5% (also prices offering of 4.3 mln shares of common stock at $70.00 per share) WTFC -6.1%, RF -4.4%, DFS -3%, FUL -2.2%, UMPQ -2%, STL -1.3%, UAL -1.2%, FNB -0.7%, SASR -0.7%
Other news:
- AMH -4.4% (prices offering of 20 mln shares of common stock at for gross proceeds of $783.0 mln)
- EHC -2.8% (plans to spin off home health and hospice business)
- HT -2% (provided operating results for December)
- NNN -1.2% (retirement of Julian E. Whitehurst as CEO effective April 28)
Analyst comments:
- IP -3% (downgraded to Neutral from Buy at BofA Securities)
- F -2.3% (downgraded to Hold from Buy at Jefferies)
- BURL -2% (downgraded to Sell from Hold at Loop Capital)
- AMD -1.9% (downgraded to Neutral from Overweight at Piper Sandler)
- BLL -1.3% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
- CVNA -1.2% (downgraded to Sector Weight from Overweight at KeyBanc Capital Markets)