Gapping down
In reaction to earnings/guidance:
- CSIQ -10.9%, SSYS -8.8%, CPRX -8.1%, CMCM -7.9%, SDC -7.6%, TSEM -7.6%, HALO -7.5%, MTOR -6.1%, HTHT -5.4%, SWKS -5.2%, SSTI -4.7%, TLRY -3.6%, VIPS -3.1%, SCSC -2.1%, BEST -1.4%, VREX -1.2%
Other news:
- BCRX -8.9% (announces public offering of $55 mln of its common stock)
- HALO -7.5% (proposes offering of $400 mln aggregate principal amount of convertible senior notes due 2024)
- NXTC -6.4% (files for 3.2 mln share common stock offering)
- SE -4.6% (announces proposed offering of US$1 bln in aggregate principal amount of convertible senior notes due 2024)
- REPL -4.3% (proposes public offering of up to 5,000,000 shares of its common stock)
- SWAV -3.9% (announces public offering of $75.0 mln of shares of its common stock)
- RNG -2.4% (files for Class A Common Stock shelf offering; discloses issuance of 2,170,785 shares of its Class A common stock to Avaya (AVYA) in connection with strategic partnership)
- CDAY -2.2% (affiliates of Thomas H. Lee Partners and Cannae Holdings intend to offer 5 mln shares each of the Company's common stock)
- ET -2% (continued weakness after reports of pipeline approval investigation)
Analyst comments:
- DPLO -4.8% (downgraded to Equal Weight from Overweight at Barclays)
- I -3.4% (downgraded to Neutral from Overweight at JP Morgan)
- AA -2.7% (downgraded to Underperform from Neutral at BofA/Merrill)
- MOS -2.4% (downgraded to Underweight from Neutral at JP Morgan)
- QRVO -2.1% (downgraded to Hold from Buy at Canaccord Genuity)
- LB -1.7% (initiated with an Underweight at Barclays)
- NTGN -1.6% (downgraded to Neutral from Buy at BofA/Merrill)
- AAL -1.3% (initiated with a Sell at UBS)
- GPS -0.9% (initiated with an Underweight at Barclays)