Gapping down
In reaction to disappointing earnings/guidance:
- DF -28.1%, GSKY -19.6%, AVID -16.3%, EVBG -15.6%, STRL -10.8%, IFF -9.6%, CAR -5.9%, MOS -5.1%, IPAR -5%, WWD -5%, SSTK -5%, NSPR -4.8%, ALNY -4.8%, AEIS -4.5%, KMT -3.3%, CAMT -3.2%, MAR -2.8%, ENR -2.8%, ARMK -2.5%, CZR -2.4%, FBM -2.1%, HSIC -1.8%, APRN -1.4%, CLR -1.1%, DOOR -1%, SAGE -1%, KRG -0.8%, UGI -0.8%
Other news:
- ALNY -4.8% (FDA has accepted the Company's New Drug Application for givosiran for the treatment of acute hepatic porphyria)
- KODK -3.3% (Eastman Kodak announces strategic relationship with Lucky HuaGang Graphics Co)
- SNAP -2.5% (proposes private offering of $1.0 bln principal amount of convertible senior notes due 2026)
- AMD -1.6% (wccftech reports that CEO Lisa Su is planning to leave AMD for the number two spot at IBM (IBM) this fall)
- AEE -1% (prices offering of 7,549,205 shares of its common stock at $74.30 per share)
Analyst comments:
- HCC -1.8% (downgraded to Hold from Buy at Jefferies)
- CXO -1.1% (downgraded to Underweight from Overweight at Morgan Stanley)