Gapping down
In reaction to earnings/guidance:
- LL -35.6%, TUP -33.6%, CDLX -30.8%, ZI -21.8%, ENTG -16%, ENVX -13.1% (also signs MoU with one of the largest consumer electronics companies; also announces advancements to its laser technology program and bolsters team), EL -11.4%, DT -9.3%, PARA -8.6%, BGFV -8.1%, ABNB -6.3%, CNDT -6.3%, CAKE -6.2% (also authorizes additional 5 mln shares to repurchase program), FRPT -6.1% (also names new CFO), EHAB -5.9%, CACC -5.6%, PRO -5%, OMI -4.8%, IRTC -4.7%, CWH -4.3%, LTHM -4.2%, SIMO -3.8%, VRSK -3.6%, CHRW -3.5%, DVN -3.3% (also lowers dividend), SHC -3.2%, LFUS -3%, AUDC -3%, DENN -2.7%, SITE -2.7%, NMIH -2.4%, GOOS -2.4%, GTE -2.1%, FUN -1.9%, FDP -1.9%, VSH -1.9%, MLM -1.7%, BR -1.7%, BTG -1.6%, ROK -1.6%, PUMP -1.5%, REZI -1.4%, SKY -1.3%, ATI -1.3%, EDIT -1.2%, ETR -1.2%, APO -1.2%, ANDE -1%, EA -1%, CWEN -1%
Other news:
- ROG -40.8% (DD terminates deal to acquire ROG)
- OMGA -5% (FDA grants Orphan Drug Designation for OTX-2002)
Analyst comments:
- BTI -4% (downgraded to Neutral from Buy at Goldman)
- BALY -1.9% (downgraded to Hold from Buy at Stifel)
- ULH -1.8% (downgraded to Hold from Buy at Stifel)
- CLF -1.7% (downgraded to Underperform from Peer Perform at Wolfe Research)