Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- LEVI -11.2% (also announces strategic review of its Dockers brand), AIN -3.2% (guidance), NGG -1.5% (guidance), ANGO -0.5%
Other news:
- HIMS -8.7% (FDA says Lilly weight loss drug shortage is over)
- EQX -4.5% (announces convertible note conversion and bought deal secondary offering)
- ETON -2.9% (enters into an asset purchase agreement to acquire Increlex; acquisition is expected to close near year-end 2024)
- NVAX -2.6% (clarifies that it has neither updated nor reaffirmed its full year 2024 financial guidance issued on August 8)
- NGVT -2.6% (announces CEO transition as Fortson departs company; Fernandez-Moreno appointed as interim president and CEO)
- PAC -1.8% (September traffic)
- KTB -1.5% (in sympathy with weak LEVI earnings)
- RCUS -1.2% (announces collaboration with Volrustomig)
- TM -1.2% (pushes back production of EVs in North America to 1H26 amid slowing sales, according to Nikkei)
- JBL -1.2% (acquires Mikros Technologies)
- PNTG -1.1% (prices offering of 3.5 mln shares of common stock at $31.00 per share)
- ASTS -1.1% (completes redemption of public warrants)
- LASE -1% (to restate certain financials)