Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- MDB -18.6% (also authorizes new $200 mln share repurchase program), MRVL -17.3%, MEI -17.2%, MLR -14.1%, RGTI -11.7%, SNBR -9.6% (also names new CEO and Chairperson; not issuing guidance until new CEO evaluates strategies), GRND -9.3% (also authorizes new $500 mln share repurchase program), DSGX -7.6%, GMS -7.4%, KGS -6.1%, YEXT -5.2% (also increases repurchase authorization by $50 mln), SOBO -3.7%, CMPO -3.5%, M -3.5%, VG -3%, VSCO -2.9%, UMC -2.6% (Feb revs), ALNT -2.3%, MRX -1.7%, ZYME -1.4%, FSM -1.3%, LB -1.1%, LOGI -0.7% (guidance)
Other news:
- CORZ -16.1% (provides Feb production and operations updates)
- AVGO -3.8% (in sympathy with weak MRVL earnings)
- TCRX -1.6% (files $300 mln mixed shelf securities offering)
- LGIH -1.6% (reports Feb home closings)
- TMHC -1% (to update financial targets and introduce long-term growth aspirations at today's investor day)