Gapping down
In reaction to disappointing earnings/guidance:
- TLRY -13.4%, FOE -13.1%, PGEN -5.4%, AZO -4.7%, ZGNX -3.8%, ZIOP -2.7%, APPF -2.6%, FGEN -2.5%, GSKY -2.2%, AMBC -2%, PNM -2%, TDW -1.5%, MCHP -1.4% (guides lower due to coronavirus, also withdraws prior EPS guidance), MDRX -1.4%, TGT -1.1%
Other news:
- KPTI -7.5% (stock offering)
- MRNA -6.9% (announced updated plans for its Manufacturing & Digital Day event as a precautionary measure related to travel amid the evolving novel coronavirus situation; The in-person component of the event will no longer be held; the co will continue with the planned webcast of the program)
- TLND -3.4% (to delay 10-K)
- CCL -1.5% (issues statement on cyber incident)
- EHTH -0.9% (commences public offering of 1.5 mln shares of common stock)
Analyst comments:
- CRON -7.6% (downgraded to Hold from Buy at Stifel)
- BUD -3.4% (downgraded to Neutral from Buy at BofA/Merrill)
- BCS -2.5% (downgraded to Hold from Buy at Societe Generale)