Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- RTX -3.2% (guidance), ASX -0.6% (Aug sales)
Other news:
- GRNT -5.1% 9launches offering of 7.1 mln shares of common stock by selling shareholders)
- QIPT -3.1% (acquired a business with operations in Mississippi, Texas and Louisiana reporting unaudited annual revenues of ~$9 mln ?with anticipated Adjusted EBITDA of $2 mln post integration)
- MRTX -3% (Presents Two-Year Follow-Up Data from KRYSTAL-1 Study Demonstrating Durable Response and Long-Term Overall Survival at 2023 World Conference on Lung Cancer)
- BUR -2.6% (issues statement on YPF damages ruling)
- CBAY -2.6% (proposes $150 mln offering of common stock and pre-funded warrants)
- SJM -2.5% (Hostess Brands deal to be acquired by J.M. Smucker (SJM) could be announced today, according to WSJ)
- OVV -2.4% (announces 15 mln share secondary offering of common stock by a selling stockholder NMB Stock Trust)
- CSTL -2.2% (Provides Clinically-Impactful Risk Stratification in Patients with Barrett's Esophagus)
- EYPT -1.8% (update for lead product candidate EYP-1901 in ongoing PAVIA and DAVIO 2 Phase 2 clinical trials)
Analyst comments:
- BC -2.2% (downgraded to Neutral from Overweight at JP Morgan)