Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- VICR -15.7%, ATEC -15.4% (also $150 mln stock offering), CHX -13.2%, CSGP -8.5%, RES -8.3%, ENVA -7.9%, HA -7.7%, TXN -6.1%, GOOG -5.9%, MANH -5.5%, TDOC -5.4%, SLGN -5.4%, EDU -5%, CSTM -5%, SF -5%, ROIC -4.5%, ODFL -4.1%, BYD -3.6%, HCSG -3.6%, CNX -3%, USNA -2.6%, LAD -2.5%, PAG -2.5%, CME -2.5%, GBX -2.1%, RUSHA -2%, TRMK -2%, VLRS -2%, MSM -2%, FTV -1.8%, FFIV -1.7%, TDY -1.6%, ADP -1.4%, ALKS -1.3%, V -1.2% (also authorizes new $25 bln share repurchase program; also increases dividend), IART -0.9%, TMO -0.9%
Other news:
- IDYA -11% (prices offering of 5.0 mln shares of common stock at $23.50 per share)
- SPWR -9.1% (discloses material weakness in internal control; to restate select financials)
- AFRM -7% (Apple Pay Later now available in US according to Apple Insider)
- SHEN -4.7% (increases dividend; to acquire Horizon Telcom for cash and stock)
- SBSW -3.9% (enters Section 189 consultations regarding four shafts and associated support services at its SA PGM operations)
- SQ -2.9% (after disappointing Worldline guidance)
- PYPL -2.2% (after disappointing Worldline guidance)
- ERII -2.1% (CEO to step down)
- MARA -1.7% (files $750 mln mixed shelf securities offering)
- TDY -1.6% (names new CEO and new COO; Robert Mehrabian to become Exec Chairman)
Analyst comments:
- ETSY -3% (downgraded to Neutral from Buy at Citigroup)
- TRU -2.9% (downgraded to Underperform from Buy at BofA Securities)
- FTCH -2.7% (downgraded to Sell from Buy at Societe Generale)
- ALB -2% (downgraded to Neutral from Overweight at Piper Sandler)
- FREY -1.2% (downgraded to Market Perform from Outperform at TD Cowen)
- GLW -1% (downgraded to Hold from Buy at Deutsche Bank)