Gapping down
In reaction to disappointing earnings/guidance:
- GRUB -33.5%, BYND -17%, SANM -15.9%, OFIX -12%, HZO -11.9%, OI -11.7%, CR -11.3%, DBD -8.9%, SHOP -8%, SLCA -7.8%, HEXO -5.2%, AOS -4.6%, TREX -4.3%, GDI -4.1%, CGNX -3.5%, ETN -3%, BP -2.8%, HSC -2.8%, CMI -2.8%, BRX -2.2%, TCF -2.1%, MEDP -2%, ORAN -1.7%, KKR -1.5%, GOOG -1.4%, SMPL -1.4%, WIRE -1.1%, CVCO -1.1%, CNX -0.8%, IRDM -0.7%
Other news:
- XNET -10.5% (pulling back following stocks recent run higher)
- WGO -2.8% (announces private offering of $270.0 mln in aggregate principal amount of convertible senior notes due 2025)
- DTE -0.5% (commences public offering of approx. $300 mln of its common shares and 23 mln equity units)
Analyst comments:
- COMM -4.8% (downgraded to Neutral from Buy at Rosenblatt)
- PNNT -2.4% (downgraded to Underweight from Neutral at JP Morgan)
- ABMD -1.1% (downgraded to Mkt Perform from Outperform at Raymond James)
- GOLF -0.9% (downgraded to Sell from Neutral at Compass Point)