Gapping down
In reaction to earnings/guidance:
- SE -7.3%, BUR -6.1%, VOD -5.3%, RUM -3.4% (also acquires CallIn), FLNG -3.2%, HD -2.4%, YALA -2.1%, CBAY -2%, ONON -1.8%, TME -1.4%, FSM -1.1%
Other news:
- DCO -14.9% (prices offering of 2.0 mln shares of common stock at $40.00 per share)
- FWRG -7.8% (stock offering)
- CHRS -7.4% (priced its underwritten public offering of 11764706 shares of its common stock at a price to the public of $4.25/share)
- AGL -6.8% (prices secondary offering of 86884353 shares of common stock by selling stockholders at $21.50 per share)
- SOVO -6.1% (stock offering)
- MIST -4.8% (stock offering)
- RH -4.1% (Warren Buffett closes stake)
- NOG -3.1% (prices offering of 6.65 mln shares of common stock for gross proceeds of ~$199.5 mln)
- KOD -3% (files $350 mln mixed shelf)
- VKTX -2.3% (top-line results from phase 2b voyage study of VK2809 in patients with biopsy-confirmed non-alcoholic steatohepatitis)
- SILK -1.5% (files mixed shelf)
- BK -1.3% (Warren Buffett closes stake)
Analyst comments:
- PB -0.5% (downgraded to Underweight from Equal-Weight at Morgan Stanley)