Gapping down
In reaction to earnings/guidance:
- MU -3.4%, SHW -2% (lowers Q3 and FY21 guidance; also to acquire Specialty Polymers)
Other news:
- LFMD -11.5% (prices ~3.3 mln share offering at $6.00 per share)
- EQT -6.7% (prices offering of 25.93 mln shares of common stock at $20.00 per share)
- VWE -1.9% (announces acquisition of Vinesse)
- MUX -0.9% (provides update on Los Azules Project)
Analyst comments:
- NXPI -2% (downgraded to Mkt Perform from Outperform at Bernstein)
- INNV -1.9% (downgraded to Neutral from Buy at Citigroup)
- HPQ -0.8% (downgraded to Neutral from Overweight at JP Morgan)
- RM -0.8% (downgraded to Mkt Perform from Mkt Outperform at JMP Securities)