Gapping down
In reaction to earnings/guidance:
- SPWH -3.1%, FDS -2.4%, DRI -2.3%, KBH -2.2%, SCS -1.3%, LEN -1.2%
Other news:
- DBVT -11.3% (receives partial clinical hold notice for VITESSE Phase 3 Trial)
- CIM -5% (lowers dividend)
- CIFR -5% (files $500 mln mixed securities offering; common stock offering by selling shareholders; entered into $250 mln At The Market Offering Agreement)
- SPIR -2.6% (awarded NOAA contract)
- NVS -1.7% (unveils new focused strategy, underpinned by eight potential multi-billion dollar peak sales brands & deep pipeline) .
Analyst comments:
- NVAX -6.2% (downgraded to Underweight from Neutral at JP Morgan)
- SQ -2.1% (downgraded to Neutral from Buy at Mizuho)
