Gapping down
In reaction to earnings/guidance:
- AVO -9.2%
Other news:
- INNV -35.6% (receives CMS audit sanctions; withdraws guidance)
- SCPL -17.7% (SGMS withdraws all-stock offer to acquire remaining 19% interest in SCPL)
- QDEL -9.2% (Ortho Clinical Diagnostics to be acquired by Quidel Corporation (QDEL) for $24.68/share)
- JD -8% (Tencent reduces stake in JD.com)
- DKL -3.3% (DK announces partial sale program of units in DKL)
- RKLB -2.4% (to redeem all outstanding public warrants)
- ROIV -2.1% (stock offering)
- KREF -1.7% (files mixed securities shelf offering; also files for 17.75 mln share offering by selling shareholders)
- CROX -1.5% (acquires HEYDUDE for $2.5 bln)
- AEM -1.4% (provides update related to COVID-19 cases at Nunvaut operations)
- WEN -1% (files mixed securities shelf offering)
Analyst comments:
- STNE -0.9% (downgraded to Neutral from Outperform at Credit Suisse)