Gapping down
In reaction to earnings/guidance:
- WIX -10.8%, MNDY -7.6%, NUTX -6.7%, WRBY -4.8%
Other news:
- CMRX -47.6% (announces sale of TEMBEXA to Emergent BioSolutions (EBS) for up to $337.5 mln plus royalties)
- ARRY -2.5% (files for 13,894,800 share common stock offering by selling shareholders)
- COIN -1.6% (cautious Barrons article)
- JBLU -1.3% (JetBlue Urges Spirit Shareholders to Protect Their Interests and ‘Vote No' on Frontier Transaction at Upcoming Spirit Special Meeting)
- NWL -1.1% Carl Icahn lowers stake)
Analyst comments:
- SFT -3.3% (downgraded to Hold from Buy at The Benchmark Company)
- TWLO -3% (downgraded to Neutral from Outperform at Robert Baird)
- RNG -1.3% (downgraded to Neutral from Outperform at Robert Baird)