Gapping down
In reaction to earnings/guidance:
- LFST -20.2%, DIBS -20%, GOCO -16.8%, AZPN -11.1%, RXT -9.8%, FOA -9.2%, UTZ -8.8%, CPNG -8.7%, MQ -7%, MTTR -6.5%, SDGR -6.5%, CYBR -5.9%, ROOT -4.4%, GRWG -3.5%, BLNK -3.2%, CSIQ -2.4%, BIDU -2%, EBAY -1.7%, DM -1.5%, DCBO -1.4%, ARRY -1.2%, CACI -1%, VRM -1%, PGTI -0.9%
Other news:
- FSR -6.9% (announced Green Convertible Senior Notes offering)
- PTRA -6% (signed long-term supply agreement with LG Energy Solution for EV battery cells)
- CWK -4.4% (announced secondary public offering)
- OMF -4% (prices offering of 7.0 mln shares of common stock held by Apollo Global Management (APO))
- DEA -3% (announced public offering)
- FULC -2.2% (prices offering of 6.6 mln shares of common stock at $19.00 per share)
- GTES -2.1% (prices secondary offering of 25 mln shares of common stock at $16.00 per share)
- NVVE -1.9% (expanded partnership with Blue Bird [BLBD] for electric school buses)
- CNR -1.8% (provides performance updates at Barclays Building & Building Products Virtual Conference)
Analyst comments:
- ARCT -3.2% (downgraded to Underperform from Mkt Perform at Raymond James)
- COHU -2.8% (downgraded to Sell from Neutral at Goldman)
- MU -2.7% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
- BECN -1% (downgraded to Hold from Buy at Berenberg)
- CARR -0.8% (downgraded to Neutral from Buy at UBS)