Gapping down
In reaction to earnings/guidance:
- FIGS -24.7%, NEWR -12.8% (also CFO to retire), SKYH -7.5%, ENFN -6%, HLI -2.9% (also increases dividend and authorizes new $500 mln share repurchase program), PAM -2.1%, NVTS -1.9%, MCW -1.8%, LAW -1.7%, BLND -1.3%, EMBC -0.9%
Other news:
- TWTR -13.8% (Elon Musk tweets "Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users")
- WSR -1.1% (files for $500 mln mixed securities shelf offering)
- HBM -1% (receives court ruling regarding Rosemont copper project) .
Analyst comments:
- TSP -1.8% (downgraded to Sector Perform from Outperform at RBC Capital Mkts)
- PETQ -1.1% (downgraded to Perform from Outperform at Oppenheimer)
- ATO -1% (downgraded to Neutral from Buy at Goldman)