Gapping down
In reaction to earnings/guidance:
- UNFI -23.9%, BASE -16.9%, CVGW -10.7%, SKIL -4.8%, CASY -4.1% (also increases dividend), GATO -2%, CPB -1.7%, PLNT -1.3% (guidance update in investor presentation)
Other news:
- MOND -23.2% (prices secondary offering of 5.25 mln shares of common stock at $10.00 per share)
- VXRT -22.5% (commences public offering)
- NAMS -14.4% (prices offering of 13857415 shares of common stock at $11.50 per share)
- FGEN -7.5% (topline data from the Phase 3 LELANTOS-1 placebo-controlled trial of pamrevlumab for the treatment of non-ambulatory patients with Duchenne Muscular Dystrophy did not meet the primary endpoint)
- COGT -2.5% (prices offering of 12.5 mln shares of common stock at $12.00 per share)
- WT -2.4% (Leading Independent Proxy Advisory Firms ISS and Glass Lewis Support WisdomTree's New Director Nominee Shamla Naidoo and Recommend Against ETFS Capital Chairman Graham Tuckwell)
- NYMT -2.4% (cuts dividend)
- IONS -1.5% (announces private placement of $500 mln convertible notes)
- ATI -1.2% (names new COO)
- STER -1.1% (announces launch of 8 mln share offering by selling stockholders; co intends to repurchase 1 mln shares)
- ST -1.1% (to exit Spear Power System's marine energy storage business)
Analyst comments:
- DUOL -1.7% (downgraded to Mkt Perform from Mkt Outperform at JMP Securities)