Gapping down
In reaction to earnings/guidance:
- BSX -3.4%, BRKR -1.1%
Other news:
- LMND -7.4% (stock offering)
- THTX -7% (prices offering of 14,546,000 units of the Company at $2.75 per unit)
- RDHL -6.4% (announces $10 mln bought deal offering)
- PSTL -5.4% (prices follow-on offering of 3,250,000 shares of its Class A common stock at $15.25 per share)
- GDOT -5.3% (WMT fintech deal seen as a negative for GDOT)
- PLSE -5.1% (updates on CellFX system regulatory and clinical study progress)
- O -4.1% (prices offering of 10.5 mln shares of common stock at $57.05 per share)
- ZM -3.2% (public offering of $1.5 bln of shares of its Class A common stock pursuant to a shelf registration)
- NIO -1.1% (convertible notes offering)
- UI -1% (alerts customers of a data breach, according to TechCrunch)
Analyst comments:
- GTES -2.3% (downgraded to Neutral from Outperform at Credit Suisse)
- BE -2.1% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
- CMC -1.8% (downgraded to Underperform from Neutral at BofA Securities)
- HST -1% (downgraded to Mkt Perform from Outperform at Raymond James)
- NIO -1% (downgraded to Neutral from Buy at Citigroup)
- AEP -0.9% (downgraded to Sector Weight from Overweight at KeyBanc Capital Markets)
- NTR -0.7% (downgraded to Underweight from Neutral at Atlantic Equities)
