Gapping down
In reaction to earnings/guidance:
- IQ -9.4%, API -8.4%, GAN -5.6%, SMMT -4.3%, SE -3.9%, SDC -3.8%, BEKE -2.4%, BIDU -2.1%, KSS -1.9%, HD -1.5%, SLP -1.4%
Other news:
- GDRX -17% (Amazon announced two new pharmacy offerings)
- WBA -11.8% (Amazon announced two new pharmacy offerings)
- PLUG -10.8% (prices offering of 38 mln shares of common stock at $22.25 per share)
- TREE -9.6% (prices offering of 2,955,984 shares of common stock by Selling Stockholder at $295.00 per share)
- CVS -8.8% (Amazon announced two new pharmacy offerings)
- PRAX -8.8% (provides update on PRAX-114 IND submission for the treatment of major depressive disorder)
- BSX -6.4% (initiated a global, voluntary recall of all unused inventory of the LOTUS Edge Aortic Valve System due to complexities associated with the product delivery system)
- ORA -6.3% (launched public common stock offering and filed mixed securities shelf offering)
- PDD -5.2% (announced offerings of convertible senior notes and ADSs; filed offering prospectus)
- GME -4.6% (stakeholder calls for strategic review, according to WSJ)
- STAG -4.1% (prices offering of 8 mln shares of common stock for gross proceeds of $243.2 mln)
- PLYA -3.8% (announced secondary offering of Ordinary Shares)
- KDP -3.6% (Keurig Dr Pepper announces completion of sale and distribution for its largest shareholder; Mondelez International's (MDLZ) position reduced to strategically important level)
- VRTV -3.5% (prices offering of 1.4 mln shares of common stock by selling shareholders at $18.50 per share)
- JAMF -3.5% (launched follow-on public offering of common stock)
- CAE -3.4% (announced stock offering and concurrent private placement; also acquired Flight Simulation Company)
- KOD -1% (launched common stock offering)