Gapping down
In reaction to earnings/guidance:
- LNDC -11.8%, APOG -5.6%
Other news:
- BOX -8.1% (confirms $500 mln investment from KKR (KKR) in the form of convertible preferred stock; KKR executive to join BOX Board following deal)
- AMRS -7.1% (commences private offering of $250.0 mln shares of common stock by co and selling shareholders)
- OTIC -4.5% (prices offering of 6,288,890 shares of its common stock at $2.25 per share)
- PRGS -2.2% (convertible notes offering)
- IEA -2% (stock offering)
- KDNY -2% (files for $275 mln mixed securities shelf offering)
- EDAP -1.4% (files for $125 mln mixed securities shelf offering)
- PHR -1% (prices offering of 4.5 mln shares of common stock at $50.00 per share)
- IONS -1% (priced $550.0 million aggregate principal amount of 0% Convertible Senior Notes due 2026)
Analyst comments:
- WW -3.5% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
- FFIV -2.8% (downgraded to Neutral from Outperform at Credit Suisse)
- NXPI -1.2% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
- LHX -1% (downgraded to Neutral from Buy at Goldman)