Gapping down
In reaction to earnings/guidance:
- MKC -4.3%, UNFI -3.4% (also CEO to retire)
Other news:
- IRWD -14% (announced that data from IW-3718-30 did not meet the pre-specified criteria associated with a planned early efficacy assessment)
- BEAM -6.8% (files for 4.5 mln share offering)
- PRTY -4.7% (stock offering)
- ZTO -3.5% (announced that the co's shares have been traded on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code "2057"
- AXSM -3.2% (announces $225 million term loan facility with Hercules Capital (HTGC); Non-dilutive committed capital extends cash runway into at least 2024
- TMDX -2.3% (FDA has temporarily postponed meeting reviewing co's premarket approval application for OCS Heart)
- HYMC -1.6% (to offer 7,220,000 units, with each unit consisting of one share of its common stock and one warrant to purchase one share of common stock in an underwritten public offering)
Analyst comments:
- HST -3% (downgraded to Underperform from Neutral at BofA Securities)
- RLJ -1.2% (downgraded to Underperform from Neutral at BofA Securities)