Gapping down
In reaction to earnings/guidance:
- EGAN -24.4%, MODN -16.1%, DDOG -7.3% (also extends strategic partnership with Google Cloud), SILK -7.1%, GO -6.3%, APD -5.8%, COHR -3%, RXT -2.8%, RKT -2.2%
Other news:
- ACB -17.1% (stock offering)
- VIE -13.9% (files mixed securities shelf offering)
- ORGO -9% (stock offering)
- ESPR -6.6% (convertible notes offering)
- BIGC -4.1% (stock offering)
- ABR -2.5% (prices offering of 7 mln shares of common stock for gross proceeds of $94.5 mln)
- FLR -2% (filed to delay its 10-Q; does not anticipate being able to file the Q3 Form 10-Q until after the filing of the Q2 Form 10-Q)
- BNTX -2% (BioNTech and Pfizer agree to supply the EU with 200 mln doses of BNT162b2 mRNA-based vaccine candidate)
- KROS -1.9% (stock offering)
- CMBM -1.8% (stock offering)
- ORIC -1.4% (stock offering)
- PHAT -1.4% (files for $500 mln mixed securities shelf offering)
- BSY -1.1% (stock offering)
Analyst comments:
- PLAY -2.7% (downgraded to Neutral from Buy at Longbow)
- AIG -1.9% (downgraded to Neutral from Buy at Goldman)
- TT -1% (downgraded to Underperform from Buy at BofA Securities)
- IHG -0.9% (downgraded to Sell from Neutral at UBS)
- PNR -0.8% (downgraded to Underperform from Buy at BofA Securities)