Gapping down
In reaction to earnings/guidance:
- ACCD -36.9%, TRUP -13%, HOOD -9.9%, NATI -9.8%, AMZN -9.6%, WU -8.2%, TEAM -6.5%, LYLT -5.3%, CL -4.9%, NWG -4.6%, EBS -4.4%, SSNC -4.4%, VRSN -4.1%, INTC -3.9%, COLM -3.9%, IMAX -3.8%, CENX -3.3%, CASH -3.2%, RMD -3%, ATR -3%, CUZ -3%, CUBE -2.7%, CINF -2.6%, AAPL -2.5% (also hikes dividend 5%; increases share repurchase program by $90 bln), SHLX -2.5%, DXCM -2.3%, MGA -2.3%, SM -1.9%, BMY -1.8%, WFG -1.7%, FIBK -1.6%, WDC -1.4%, HIG -1.4%, SKYW -1.3%, AZN -1.2%, CVX -1.2%, NWE -1%, XOM -1%
Other news:
- ALDX -11.2% (CFO to resign to pursue other career opportunities)
- SEV -9.2% (prices follow-on offering of 10 mln ordinary shares at $4.00 per share)
- TSVT -4.9% (stock offering)
- LBRT -4.3% (commences underwritten public secondary offering of 14.5 mln shares of its Class A common stock by Schlumberger Technology Corporation)
- FEAM -3.2% (commences construction on US-based boron facility)
- INCY -2.6% (enters into a development agreement with Maruho for ruxolitinib cream)
- GRPN -1.9% (large investor increases active stake to 10%)
- CLPT -1.7% (receives FDA clearance for version 1.1 of SmartFrame Array)
- PH -1.5% (increases dividend)
- PLUG -1.1% (OLN and PLUG to partner to produce green hydrogen)
Analyst comments:
- MA -1.5% (downgraded to Underweight from Neutral at Piper Sandler)
- DPZ -1.4% (downgraded to Neutral from Buy at BTIG Research)
- CMCSA -1.1% (downgraded to Neutral from Buy at BofA Securities)