Gapping down
In reaction to earnings/guidance:
- LEG -7.7% (lowers FY22 outlook), AZZ -6.9%, ASX -4.1% (Sep revs)
Other news:
- OFIX -11.7% (Orthofix and SeaSpine (SPNE) to combine in merger of equals to create leading global spine and orthopedics company; issue guidance)
- RIGL -8.8% (not expected to file sNDA; reducing workforce)
- ZS -3.6% (President resigning)
- SON -3% (subsidiary expands packaging program in Europe)
- USO -1.7% (crude oil futures trading lower)
- CNS -1.2% (reports preliminary AUM)
Analyst comments:
- CCOI -1.3% (downgraded to Neutral from Outperform at Credit Suisse)
