Gapping down
In reaction to earnings/guidance:
- ALTO -15.7%, CLDR -6.7%, SUMO -5.4%, BEST -5.1%, ORCL -5%, MYE -4.1%, TALO -3.9%, LC -3.5%, TTCF -3.1%, SCWX -3%, OPCH -1.9%, AVO -1%
Other news:
- JE -13.1% (TSX and NYSE commence delisting proceedings)
- NVEE -11.9% (stock offering)
- KDMN -9.8% (FDA extends review period for belumosudil for the treatment of cGVHD)
- HESM -7.4% (prices offering of 6 mln Class A shares at $21.00 per share)
- IVC -7.1% (convertible senior notes offering)
- GLSI -3.7% (provides updates on upcoming presentations)
- OSH -3.3% (convertible senior notes offering)
- MGP -2.6% (prices offering of 19 mln shares of common stock at $32.15 per share)
Analyst comments:
- GE -2% (downgraded to Perform from Outperform at Oppenheimer)
- QSR -1.1% (downgraded to Market Perform from Outperform at Cowen)
- AVO -1% (downgraded to Neutral from Overweight at JP Morgan)