Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- AI -19.1%, BASE -12.1%, VRNT -11.4%, CRDO -10%, CHPT -7.1% (also to reduce workforce by approximately 15%), BBCP -6.8%, CPRT -5.6%, CXM -2.9%, HPE -2.9%, UTZ -2.7% (guidance), AVAV -0.8%, CASY -0.7%
Other news:
- FYBR -10% (Frontier Communications Parent to be acquired by Verizon (VZ) for $38.50 per share)
- CSWI -6.5% (commences 1 mln share offering; also files mixed shelf securities offering), AG -5.7% (Gatos Silver to be acquired by First Majestic (AG))
- XPO -5.2% (reports LTL data for August)
- RIGL -4.9% (First Patient Enrolled in Phase 1b/2 Triplet Therapy Trial of REZLIDHIA)
- VRNS -4.1% (announces its intention to offer $350.0 mln aggregate principal amount of Convertible Senior Notes due 2029 in a private offering)
- VVX -3.7% (prices secondary offering of common stock at $48.00 per share)
- SHC -3% (25 mln share offering by selling shareholders)
- ZETA -3% (prices offering 13.2 mln shares of common stock at $23.50 per share)
- ODFL -2.5% (reports LTL operating metrics for August)
- PCTY -2% (to acquire Airbase for ~$325 mln)
- TLN -2% (approved upsizing its previously announced share repurchase program, increasing remaining capacity to $1.25 bln)
- BNED -1.7% (files $40 mln mixed shelf securities offering)