Gapping down
In reaction to earnings/guidance:
- SCS -5.2% RAD -1.6%
Other news:
- EAR -57.5% (discloses criminal investigation by DOJ related to insurance reimbursement claims; withdraws guidance)
- SYBX -9.7% (prices offering of 15.0 mln shares of common stock at $3.00 per share)
- GRIN -3.2% (prices secondary offering of 1841962 ordinary shares at $13.50 per share)
- REXR -2.6% (prices offering of 9.6 mln shares of common stock for gross proceeds of $565.9 mln)
- AXNX -1.4% (provides additional update on inter partes review proceedings)
- CTOS -1% (stock offering)
Analyst comments:
- COMM -1.9% (downgraded to Neutral from Buy at BofA Securities)
- TRMB -1.8% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
- VIPS -1.8% (downgraded to Neutral from Overweight at JP Morgan)
- LHX -1.3% (downgraded to Sell from Neutral at Goldman)
- MRCY -1.3% (downgraded to Neutral from Buy at Goldman)