Gapping down
In reaction to disappointing earnings/guidance:
- VAPO -27.9%, NEWR -18.8%, NKLA -14.3%, CDLX -12.6%, EZPW -10.2%, NPTN -9.9%, CORT -9.5%, GEL -9.5%, ETH -8.9%, GLUU -8.2%, NVTA -8%, WW -8%, ACLS -7.8%, BYND -6.9%, GNMK -6.8%, DS -6.3%, MCHP -6.2%, ACHC -6%, GTE -5.9%, UPWK -5.8% (also names new CFO), FMC -5.1%, EVER -3.9%, ANET -3.8%, OSPN -3.8%, PRGO -3.8%, TWLO -3.6%, REYN -3.5%, AVLR -3.4%, PLNT -3.2%, OI -3.1%, SGRY -3.1%, UIS -2.6%, FOXA -2.5%, ONTO -2.1%, ERJ -2.1%, ODP -2.1%, ENPH -1.9%, ENR -1.8%, ATVI -1.6%, CLDT -1.6%, GOLF -1.6%, MRCY -1.3%, Y -1.2%, ENBL -1.2%, SBGI -1%
M&A news:
- EVER -3.9% (to acquire Crosspointe Insurance & Financial Services)
Other news:
- AVLR -3.4% (stock offering)
- IMUX -2.7% (prices offering of 5,000,000 shares of its common stock at $18.00 per share)
- VCYT -1.4% (prices offering of 6,000,000 shares of its common stock at $30.00 per share)
- WMT -0.9% (delays launch of Walmart+, according to Recode)
Analyst comments:
- MC -1.5% (downgraded to Sell from Neutral at Goldman)
- SAFM -1% (downgraded to Neutral from Outperform at Credit Suisse)
- TSN -0.8% (downgraded to Neutral from Outperform at Credit Suisse)