Gapping down
In reaction to earnings/guidance:
- OTLY -13.1%, XRAY -8.7%, COGT -3.1%
Other news:
- INFI -8.4% (Provides MARIO-3 Update in Patients with Front Line Metastatic Triple Negative Breast Cancer Suggesting Potential Long-Term Patient Benefit of Eganelisib)
- ALIT -4.8% (announced the commencement of an underwritten secondary public offering of up to 20 mln shares of Alight's Class A common stock)
- ENV -3.2% (to offer $350 million of convertible notes)
- HOOD -2.7% (FTX bankruptcy spillover)
- AZUL -2.2% (reports October traffic increased 11% yr/yr)
- BNTX -1.3% (acquires GMP Manufacturing Site in Singapore) .
Analyst comments:
- OHI -1.5% (downgraded to Neutral from Buy at BofA Securities)
- ALEX -1% (downgraded to Neutral from Overweight at Piper Sandler)
- BSRR -1% (downgraded to Mkt Perform from Outperform at Keefe Bruyette)
- BAC -0.9% (downgraded to Neutral from Buy at Citigroup)