Gapping down
In reaction to earnings/guidance:
- BOXD -6% (provides Q3 operating metrics), REVG -5.8%, NUE -3.3%, CLSK -1.7%
Other news:
- LEGN -7.3% (announces public offering of $300 mln of ADSs)
- LESL -5.9% (prices offering of 12500000 shares of common stock by certain non-management stockholders)
- BGNE -5.5% (closes $3.5 bln IPO on the STAR Market of the Shanghai Stock Exchange)
- ENTG -3.6% (Entegris and CMC Materials (CCMP) announce a definitive merger agreement under which Entegris will acquire CMC Materials in a cash and stock transaction with an enterprise value of ~$6.5 bln)
- RRD -1.7% (to be acquired by Chatham for $10.85/sh; terminates prior merger deal with Atlas)
- GRWG -1% (COO retires)
Analyst comments:
- ADGI -5.5% (downgraded to Hold from Buy at Stifel; downgraded to Neutral from Buy at Guggenheim)
- ALB -4.7% (downgraded to Sell from Neutral at Goldman)
- EVER -4.1% (downgraded to Underweight from Neutral at JP Morgan)
- DPZ -2% (downgraded to Underweight from Equal Weight at Barclays)
- HAE -1.5% (downgraded to Neutral from Buy at Citigroup)
- CMCSA -1.2% (downgraded to Neutral from Buy at Citigroup)
- HOLX -0.8% (downgraded to Neutral from Buy at Citigroup)
- GLPI -0.7% (downgraded to Sector Perform from Sector Outperform at Scotiabank)
- JKHY -0.6% (downgraded to Mkt Perform from Outperform at Raymond James)