Gapping down
In reaction to earnings/guidance:
- FAST -3.5%, SLP -1.6%
Other news:
- ATXI -16.3% (states FDA still reviewing NDA resubmission for IV Tramadol)
- FBIO -10.8% (stock offering)
- BALY -3.8% (to purchase the Tropicana Las Vegas, Nevada casino from Gaming and Leisure Properties (GLPI))
- GFL -3.5% (files for $2 bln mixed securities shelf offering)
- NI -3.4% (files for 7.5 mln equity unit offering)
- AMRN -2.6% (CEO to retire)
- JNJ -2.5% (FDA and CDC confirms it recommended pause in the use of JNJ vaccine after 6 reported US cases of rare & severe type of blood clot in individuals after receiving the vaccine. As of 4/12, 6.8 mln doses of the J&J vaccine have been administered)
- EPRT -2% (prices offering of 7.15 mln shares of common stock at $23.50 per share)
Analyst comments:
- LHDX -10% (downgraded to Underperform from Neutral at BofA Securities; tgt $9)
- APHA -5.3% (downgraded to Hold from Speculative Buy at Canaccord Genuity)