Gapping down
In reaction to earnings/guidance:
- ESPR -31.6%, MRCY -18.1%, LL -9.1%, MCFE -5.6%, ALC -4.9%, WRK -4.9%, CYBR -4.7%, UTHR -4.3%, COUR -3.6%, UPWK -3.4% (also introduces work marketplace category; announces rebranding), DCPH -3%, VRSK -3%, KAI -2.8%, NVTA -2.3%, AQUA -2.2%, PFGC -2.1%, SGMO -1.8%, VIAV -1.8%, AFG -1.7%, REYN -1.7%, SYX -1.6%, PEN -1.6%, EPAY -1.5%, DLB -1.5% (also CFO to retire), SKLZ -1.4%, CDLX -1.4%, HLT -1.4%, SPR -1.4%, NEO -1.4%, INSP -1.3%, DHT -1.3%, RYAM -1.3%, NI -1.3%, EAF -1.3%, DK -1.2%, DENN -1.2%, DOOR -1%
Other news:
- BOOM -5.9% (prices offering of 2.5 mln shares of common stock at $45.00 per share)
- HIMS -3.8% (to restate earnings due to SEC guidance on warrants)
- UTZ -1% (to restate earnings due to SEC guidance on warrants)
- AMT -1% (intends to offer 8,500,000 shares of its common stock in a registered public offering)
- HFC -0.9% (to acquire Puget Sound Refinery for $350 mln, also suspends dividend for 1 year)
Analyst comments:
- ISBC -0.6% (downgraded to Equal-Weight from Overweight at Stephens)
- KHC -0.5% (downgraded to Hold from Buy at DZ Bank)