Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- SIGM -20.6%, OXM -8%, SEAC -5.4%, NUS -4.5%, (guidance at investor day) HQY -4.4%, AVAV -2.7%, POWL -1.5%
Other news:
- RPRX -24.1% (provides highlights of yesterday's Bone, Reproductive and Urologic Drugs Advisory Committee Meeting)
- OHAI -12.9% (provides update on two of is legacy portfolio companies that will likely have a negative impact on the fair value of those investments )
- LADR -10.2% (prices underwritten secondary public offering of 10 mln shares of Class A common stock by selling shareholders at $13.60/share)
- PES -9.7% (upsizes offering by 1.5 mln shares and prices 10.5 mln shares of common stock at $5.75 per share)
- ESV -7.3% (prices offering of $750 mln of 3.00% Exchangeable Senior Notes due 2024)
- BBG -3.9% (upsizes offering by 2 mln shares and prices 13.5 mln shares of its common stock for gross proceeds of $99.9 mln)
- IBN -3.2% (reaction to RBI leaving key interest rates unchanged, expected to cut)
- BLUE -2.3% (prices offering of 3,289,473 shares of its common stock at a public offering price of $76.00 per share)
- NDRM -1% ( launches a follow-on offering of ordinary shares)
Analyst comments:
- NTAP -1.4% (downgraded to Underperform from Neutral at Credit Suisse)
- UL -0.5% (downgraded to Neutral from Overweight at JP Morgan)