Gapping down
In reaction to disappointing earnings/guidance:
- VRTU -24.4%, DDS -7.3%, WIX -5.7%, FTCH -5.3%, NGG -3.3%, DRYS -2.1%, FRO -1.8%, ZTO -1.2%
Other news:
- ADMA -10.1% (announces proposed public offering of $45 mln of its common stock)
- EOLS -9.6% (ALPHAEON agreed to sell ~4.0 million shares of common stock in Evolus in an underwritten public offering)
- PLYM -9.3% (prices public offering of 3 mln shares of its common stock at a public offering price of $17.50 per share)
- ADRO -7% (updates clinical development programs for BION-1301)
- NKTR -5.6% (light volume; announced five abstracts accepted for presentation at ASCO)
- DZSI -4.9% (launches underwritten registered public offering of common stock)
- ABR -4.7% (prices 8 mln shares of common stock for gross proceeds of $102.2 mln)
- AABA -1.1% (Altaba announces planned sale of shares of Alibaba (BABA), per previously announced intentions)
Analyst comments:
- BLD -1.3% (downgraded to Neutral from Buy at Nomura)