Gapping down
In reaction to earnings/guidance:
- SSL -4%, PSFE -3.1%, DOYU -2%, VET -1.3%
Other news:
- JELD -6% (launches secondary offering and repurchase of common stock)
- ARDX -4.9% (files for $150 mln common stock offering)
- GMBL -3.4% (files for 6 mln share common stock offering by selling shareholders)
- PSFE -3.3% (signed a definitive agreement to acquire SafetyPay for $441 million in an all-cash transaction)
- PING -3.1% (commences underwritten public offering of 6,000,000 shares of common stock by investment funds affiliated with Vista Equity Partners)
- BTX -2.4% (files for 6,281,454 share common stock offering by selling shareholders)
- PSTX -2.2% (files for $300 mln mixed securities shelf offering)
- BHP -1.9% (confirms initiated a strategic review of Petroleum business)
- SMTS -1.6% (reports update of 10,000 tonnes per day positive preliminary economic assessment results to now include iron ore production at its Bolivar Mine in Mexico)
Analyst comments:
- ADP -0.8% (downgraded to Neutral from Outperform at Credit Suisse)
- CMG -0.8% (downgraded to Outperform from Strong Buy at Raymond James)
- INVH -0.7% (downgraded to Hold from Buy at Berenberg)