Gapping down
News:
- ADM -13.2% (names Ismael Roig interim CFO; issues FY23 outlook below consensus)
- BNOX -11.4% (provides a review of 2023 and of 2024 plans)
- RILY -11.3% (Issues Statement in response to a Bloomberg News article)
- FUSN -5.7% (increases its previously disclosed Open Market Sale Agreement to $200 mln)
- HTHT -4.4% (announces preliminary results for hotel operations in Q4)
- BA -1.5% (FAA provides updates on grounding of Boeing 737 MAX 9 aircraft)
- NMG -1.4% (Mason Resources entered into an asset purchase agreement dated January 21 2024 with NMG for the sale of the Lac Guéret Property targeted for the development of the Uatnan Mining Project)
- ACIU -1.2% (to regain all global rights to the anti-amyloid beta antibody crenezumab and the anti-Tau antibody semorinemab following termination of collaboration agreements with Genentech)
- TLYS -1.1% (Ed Thomas has retired from his position as President and Chief Executive Officer and as a Director)
- IDYA -0.9% (entered into an Open Market Sales Agreement)
Analyst comments:
- COMM -3.8% (downgraded to Underperform from Neutral at BofA Securities)
- ARRY -2.6% (downgraded to Equal Weight from Overweight at Barclays)
- HD -0.8% (downgraded to Perform from Outperform at Oppenheimer)
- TMHC -0.8% (downgraded to Neutral from Buy at Seaport Research Partners)
- LOW -0.7% (downgraded to Perform from Outperform at Oppenheimer)
- LULU -0.6% (downgraded to Hold from Buy at HSBC Securities)
- TOL -0.6% (downgraded to Neutral from Buy at Seaport Research Partners)