Gapping down
In reaction to earnings/guidance:
- REV -8.1%, AMWL -6.9%, BLNK -4.4%, PLTR -3.1%, VXRT -2.6% (also provides clinical update)
Other news:
- SAVA -19.5% (stock offering)
- GFF -10.4% (increases dividend)
- BIGC -6.3% (prices follow-on offering of a total of 5 mln shares of Series 1 common stock at $68.00 per share)
- KROS -4.3% (prices 2.6 mln shares of common stock at $50.00 per share)
- ORGO -4.1% (prices offering of 17.5 mln shares of common stock at $3.25 per share)
- OVID -3.7% (files for $250 mln mixed securities shelf offering)
- LSF -3.5% (new COO)
- RUTH -1.7% (new CFO)
- ORIC -1.7% (priced an upsized underwritten public offering of 5,040,000 shares of its common stock at a price of $23.00/share)
- TWNK -1.4% (S&P outlook revised to stable on Voortman integration and rev growth)
Analyst comments:
- KOD -2% (downgraded to Neutral from Buy at Goldman)
- DOW -1.5% (downgraded to Mkt Perform from Outperform at Bernstein)
- LYB -0.6% (downgraded to Mkt Perform from Outperform at Bernstein)
- WELL -0.6% (downgraded to In-line from Outperform at Evercore ISI)