Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- PHG -7.3%, ARLP -0.7%
Other news:
- CDNA -10.2% (issues statement in patent infringement case)
- VERA -6% (to commence $200 mln public offering of shares of its Class A common stock)
- TSE -4.6% (increases prices by +10% for acrylic sheet sold under ALTUGLAS and OROGLAS brands for deliveries after February 1)
- PRGS -2% (discloses it received subpoena - 10K filing)
- SNX -1.9% (announces launch of secondary public offering of common stock and concurrent share repurchase)
- ORIC -1.8% (files for 12.5 mln share common stock offering by selling shareholders)
Analyst comments:
- BE -5.9% (downgraded to Underperform from Neutral at BofA Securities)
- NSC -1.4% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
- ALB -0.8% (downgraded to Market Perform from Outperform at TD Cowen)