Gapping down
In reaction to earnings/guidance:
- DFS -7.3%, AA -5.9%, ALL -5.6% (prelim Q4 numbers), KEY -2.2%, TAL -2.1%, PG -2.1%, FUL -2%, CBSH -2%, MATX -1.9% (DecQ guidance), NTRS -1.6%, FAST -1%, BKU -0.8%, SNV -0.7%
Other news:
- AKTS -14.1% (proposed public offering; receives first high-volume 5G filter order)
- OLK -13.5% (prices offering of 5831028 mln ADSs at $20.00 per ADS)
- IIPR -13% (reports Q4 operating metrics)
- SRDX -12.2% (provides regulatory update related to its FDA premarket approval application for the SurVeil drug-coated balloon)
- VRE -7.9% (Kushner Companies not interested in transaction)
- DCPH -6.9% ($125 mln public offering)
- VNO -3.8% (reduces quarterly dividend)
- APPH -2.9% (starts commercial shipments of tomatoes at new farm)
- WBX -1.7% (announced measures to reduce costs to better align with its 2023 full year guidance; will impact ~15% of the workforce)
- BTG -1% (reports record total gold production for Q4)
Analyst comments:
- CTSH -3.2% (downgraded to Underperform from Market Perform at MoffettNathanson)
- DXC -2.2% (downgraded to Underperform from Market Perform at MoffettNathanson)
