Gapping down
In reaction to disappointing earnings/guidance:
- CCL -7.6%, MEI -5.5%, SCS -5%, DRI -4.2%
Other news:
- SRRK -11.3% (prices offering of 3 mln shares of its common stock at $15.00 per share)
- CYRX -6.6% (announces public offering of common stock; size not disclosed)
- LAND -5% (to sell shares of common stock in underwritten public offering)
- ELOX -2.7% (files preliminary prospectus supplement for common stock offering)
- PZZA -0.7% (to increase marketing/brand investment initiatives and provide scheduled financial assistance for domestic franchisees ending in 2020)
Analyst comments:
- ENPH -1.8% (downgraded to Neutral at H.C. Wainwright)
- TSLA -0.9% (target lowered to $158 from $200 at Goldman; maintain Sell)
