Gapping down
In reaction to earnings/guidance:
- NFLX -5.4%, NAVI -5.1%, IRBT -4.4%, CNI -4.1%, THC -3.2%, IBKR -2.6%, AGR -2%
Other news:
- CRSP -11% (top-line results from the Company's ongoing Phase 1 CARBON trial evaluating the safety and efficacy of CTX110)
- APTX -7.1% (stock offering)
- PE -4.8% (PXD to acquire PE)
- REPL -4.5% (stock offering)
- RUN -4.1% (attributed to block trade pricing)
- CWST -3.5% (stock offering)
- AGR -2.9% (PNM Resources to be acquired by AVANGRID (AGR) for $50.30 per share)
- CENX -1.6% (issues WARN notice to employees at SC smelter)
- IFF -1.4% (to voluntarily delist shares on Tel Aviv Stock Exchange in Jan 2021)
Analyst comments:
- GSX -24.3% (downgraded to Underperform from Neutral at Credit Suisse; tgt $71; also hearing of Muddy Waters report)
- GLPG -6.2% (downgraded to Sell from Neutral at Goldman)
- WORK -5.4% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
- FRO -2.6% (downgraded to Neutral from Buy at BTIG Research)
- PWR -2.1% (downgraded to Neutral from Buy at DA Davidson)
- MOS -2% (downgraded to Neutral from Buy at Citigroup)
- EURN -1.4% (downgraded to Neutral from Buy at BTIG Research)
- OXY -1.3% (downgraded to Hold from Buy at Truist)
- TBK -1.3% (downgraded to Outperform from Strong Buy at Raymond James)
- HXL -1.2% (downgraded to Market Perform from Outperform at BMO Capital Markets
- INSW -1.2% (downgraded to Neutral from Buy at BTIG Research)