Gapping down
In reaction to earnings/guidance:
- HIG -2.6% (downside Q1 EPS guidance), NGG -1.2% (guidance)
Other news:
- CTLT -21% (expects productivity issues and higher-than-expected costs experienced at three of its facilities will materially and adversely impact the Company's financial results; also names Ricky Hopson as interim CFO)
- ALVO -7.2% (receives complete response letter for AVT02 Biologics License Application)
- LCID -6.4% (reports Q1 production and delivery totals)
- TEVA -5.1% (Partner ALVO received complete response letter for AVT02 Biologics License Application)
- WING -4.3% (names new creative agency)
- ENZ -2.3% (experienced a ransomware attack that impacted certain information technology systems)
Analyst comments:
- RIVN -3.5% (downgraded to Neutral from Overweight at Piper Sandler)
- CHKP -2.6% (downgraded to Mkt Perform from Outperform at Raymond James)
- STE -0.7% (downgraded to Neutral from Overweight at Piper Sandler)