Gapping down
In reaction to earnings/guidance:
- OLLI -11.5%, YEXT -9.5%, MRVL -4.2%, ULTA -3.6%, SAIC -2.6%, COO -1.4%, MDLA -1.1%, BIG -1.1%
Other news:
- CEMI -13.6% (received Response Letter from Food and Drug Administration)
- LI -6.9% (prices underwritten follow-on offering of 47,000,000 American depositary shares at $29.00 per ADS)
- AXTI -3% (completes ramp of its gallium arsenide substrate shipments for OSRAM)
- AIR -2.4% (AIR and FTAI ink deal to provide CFM56 engine material to aviation aftermarket)
- CMBM -2.1% (prices secondary public offering of 2,500,000 ordinary shares by selling shareholders at $28.00 per share)
- EA -0.7% (says two execs to leave BioWare unit)
- RCL -0.7% (filed a prospectus supplement for $1bln "at-the-market" equity offering program)