Gapping down
In reaction to disappointing earnings/guidance:
- GSX -16.2% (also discloses SEC investigation) HOME -14.7%, SCVL -12.2%, JAMF -9.2%, ALVR -3.8%, HRB -2.3%
Other news:
- HLNE -4.2% (stock offering)
- IMVT -3% (prices 5,270,093 shares of its common stock at $33.00/share)
- BLDP -2.7% (establishes new cross-border $250 mln ATM Equity Program)
- ICLK -2.6% (commences follow-on offering of up to 7,922,787 American depositary shares)
- AIR -2.2% (signs new services agreement with Frontier Airlines)
- HL -1.8% (increases dividend)
- GOGO -1.8% (S&P CreditWatch revised to positive from negative)
- NKLA -1.6% (WOR says in August its WI Ventures unit sold 6.5 mln shares of Nikola)
Analyst comments:
- DAO -2% (downgraded to Neutral from Outperform at Credit Suisse)