Gapping down
In reaction to earnings/guidance:
- CPSI -13.4%, AYX -8.2%, AKAM -7% (also announces organizational changes), ATEN -6%, CSCO -4.7% (also raises dividend), PAA -4.6%, CDAY -3.6%, G -3.1% (also announces $500 mln increase to share repurchase auth; and 10% dividend increase), MTW -2.9%, VOYA -2.7%, FMC -2.5%, EQNR -1.8%, NGL -1.5%, FISV -1.5%, AIZ -1.3%, TPB -1.2%, IPG -1.1%
Other news:
- HCCI -13.7% (collaborates with Romeo Power (RMO) to invest in battery recycling)
- SAVA -12.7% (entered into a definitive agreement with several healthcare-focused and other institutional investors for the purchase of 4,081,633 shares of its common stock, at a purchase price of $49.00/share, for gross proceeds of ~$200.0 mln, in a registered direct offering)
- LMB -11.9% (prices offering of 1,783,500 shares of its common stock at a price to the public of $12.00/share)
- ENLV -10.8% (increases size of the previously announced offering of 2,296,107 ordinary shares at $20.00 per ordinary share)
- HOFV -9.9% (prices offering of 12,244,897 shares of common stock at $2.45 per share)
- VNRX -9.1% (stock offering)
- XONE -7.2% (stock offering)
- BLDP -4.8% (announces $350 mln bought deal offering)
- AUTL -4.3% (prices offering of 14,285,715 ADSs at $7.00 per ADS)
- ASRT -2.5% (prices offering of 35 mln shares of common stock at $0.98 per share)
- ITRM -1.8% (prices offering of $17.5 mln shares of common stock at $2.00 per share)
Analyst comments:
- QLYS -2.8% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
- CRSR -2.6% (downgraded to Neutral from Buy at Goldman)
- SPCE -1.5% (downgraded to Neutral from Buy at UBS)
- CHUY -1.2% (downgraded to Mkt Perform from Outperform at Raymond James)