Gapping down
In reaction to earnings/guidance:
- PDCO -10.9%
Other news:
- GMTX -29.3% (reports initial data from Phase 2a study of GEM103)
- EYES -16.9% (prices offering of 10 mln shares of common stock at $5.00 per share)
- BTAI -11.3% (stock offering)
- OSW -9.9% (announces proposed secondary public offering of common shares)
- BSY -4.5% ($500 mln convertible notes offering)
- KROS -3.2% (reports preliminary results from Phase 2 trial for KER-050)
- WSC -2.7% (stock offering)
- SOLO -1.9% (files for $750 mln mixed securities shelf offering)
- GLPG -1.8% (CSO to depart; also retains all guidance for FY21 news flow)
- SMED -1% (files for $35 mln mixed securities shelf offering)
Analyst comments:
- SDC -2.2% (downgraded to Hold from Buy at Loop Capital)
- RPM -2.1% (downgraded to Underweight from Neutral at JP Morgan)
- CVNA -1.9% (downgraded to Neutral from Overweight at JP Morgan)
- PLUG -1.8% (downgraded to Hold from Buy at Canaccord Genuity)
- BWXT -1.3% (downgraded to Neutral from Outperform at Credit Suisse)
- HMY -1.3% (downgraded to Underweight from Equal-Weight at Morgan Stanley)