Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- MANH -23.6%, LC -21%, PB -12.5%, QRVO -7.2%, DHR -6.4%, CLBK -5.8%, TEVA -5.5%, PKG -5.4%, VSCO -5%, MSCI -4.5%, WNC -4.1%, RNST -3.1%, SYK -2.3% (also to sell its US spinal implants business; also CFO to retire), NPCE -2.1%, OTIS -2%, LII -1.9%, GD -1.8%, VBTX -1.6%, NRIX -1%, BXP -0.9%, MBIN -0.9%, SBSI -0.7%, EXP -0.7%
Other news:
- ZNTL -27.9% (to restructure operations and R&D, expects 40% workforce reduction; presents updated azenosertib monotherapy clinical data from its ZN-c3-001)
- DHX -3.1% (adopts shareholder rights plan)
- MRVI -2.5% (to acquire I.P. assets from Molecular Assemblies)
- SMPL -2.1% (CFO to retire, names new CFO)
- AXL -2.1% (to form combination with Dowlais for $1.44 billion in cash and stock; provides FY24 outlook)