Gapping down
In reaction to earnings/guidance:
- WRBY -12.4%, SCWX -6.5%, ZTO -5.3%, CSIQ -5.3%, DBI -3.7%, LAC -2%, CLB -1.8% (guides MarQ below consensus due to COVID-19 and Russia conflict), LEN -1.1% (also authorizes $2.0 bln for share repurchases), CMC -0.8%
Other news:
- ASPN -8.5% (files mixed securities shelf offering)
- BIOX -6.8% (Bioceres and Marrone Bio (MBII) announce merger agreement)
- ORC -5.8% (announced March 2022 monthly dividend of $0.045 per share of common stock, prior month $0.055 per share)
- SEDG -5.7% (plans to conduct a registered public offering of 2,000,000 shares of its common stock)
- SFT -3.6% (files for $300 mln mixed securities shelf offering)
Analyst comments:
- BGNE -2% (downgraded to Mkt Perform from Outperform at SVB Leerink)
- FLWS -1.7% (downgraded to Neutral from Buy at DA Davidson)
- SYF -1.6% (downgraded to Peer Perform from Outperform at Wolfe Research)
- COF -1.5% (downgraded to Peer Perform from Outperform at Wolfe Research)
- ADS -1.4% (downgraded to Peer Perform from Outperform at Wolfe Research)