Gapping down
In reaction to disappointing earnings/guidance:
- MEDP -12.9%, CGEN -10.1%, IMMU -8.4%, RP -7.8%, CDEV -5.6%, SHAK -3.8%, PBPB -3.4%, OKE -2.6%, QTS -2.2%, HD -1.9%, DSX -1.7%, PODD -1.4%, FRAC -1%, STKL -1%, ALSN -0.6%, AWR -0.5%
Other news:
- SAGE -5.3% (prices offering of of 3,333,334 shares of its common stock at $150.00 per share)
- TSLA -3.1% (on reports that the SEC asked judge to hold Elon Musk in contempt )
- FND -2.9% (announces secondary offering of 10.0 mln shares of common stock by selling stockholders)
- RARE -2.3% (announces proposed public offering of up to $250 mln of shares of its common stock)
- GDDY -1% (prices 8,546,616 secondary offering of shares of its Class A common stock at $75.35/share)
Analyst comments:
- CAT -3.8% (downgraded to Sell from Buy at UBS)
- FL -3% (downgraded to Hold from Buy at Pivotal Research Group)
