Gapping down
In reaction to earnings/guidance:
- PRTY -10.2%, AFIB -8.8%, BIG -7.4%, LOCO -3.2%, ESPR -0.8%
Other news:
- MARA -18.7% (prices offering of 12.5 mln of common stock at $20.00 per share)
- PRVB -9.5% (stock offering)
- URBN -8.9% (reports disappointing Nov-Dec retail comps)
- AFMD -7.1% (prices public offering of 16,666,667 of its common shares at $6.00 per common share)
- RPAY -5.6% (stock offering and convertible notes offering)
- FTI -3.7% (new CFO)
- AMWL -2% (stock offering; also provides guidance update)
- HOLI -1.5% (Buyer consortium responds to Hollysys Automation Technologies' rejection of the proposal)
Analyst comments:
- PLTR -3.8% (downgraded to Sell from Neutral at Citigroup)
- DD -1.7% (downgraded to Hold from Buy at HSBC Securities)
- ADP -1.5% (downgraded to Underperform from Outperform at Evercore ISI), IQ -1.4% (downgraded to Hold from Buy at HSBC Securities)
- CMA -1.3% (downgraded to Neutral from Outperform at Robert W. Baird)
- RIO -1.1% (downgraded to Hold from Buy at Deutsche Bank)
- PNC -1% (downgraded to Neutral from Overweight at Piper Sandler)
- ACI -0.7% (downgraded to Market Perform from Outperform at BMO Capital Markets)