Gapping down
In reaction to earnings/guidance:
- PRGS -6.5%, HWC -5.1%, BGFV -4.4% (guidance), JBHT -4.4%, PNC -4.2%, FULT -1.2%
Other news:
- BLUE -13.5% (commences offering of 20 mln shares of common stock)
- FULC -4.6% (prices offering of 9615384 shares of its common stock at $13.00 per share)
- OLO -3.7% (COO to resign)
- TUSK -2.3% (subsidiary puts frac spread into operation)
- COIN -1.6% (makes decision to halt operations in Japan and to conduct a complete review of our business in the country)
- KRP -1.4% (files $125 mln mixed shelf; common units by selling unitholders)
Analyst comments:
- CHGG -2.9% (downgraded to Hold from Buy at Needham)
- BL -2.6% (downgraded to Sell from Neutral at Citigroup)
- IBM -1.9% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
- YETI -1.8% (downgraded to Market Perform from Outperform at Cowen)
- GRPH -1.5% (downgraded to Neutral from Buy at BofA Securities)
- LEVI -1.5% (downgraded to Neutral from Buy at BofA Securities)