Gapping down
In reaction to disappointing earnings/guidance:
- PSTG -22.8%, ENTA -5.9%, WSM -4.8%, FUTU -3.1%, AES -0.5%
Other news:
- DAC -19% (prices offering of 9 mln shares of its common stock was priced at $6.00 per share)
- ORGO -12.5% (prices underwritten public offering of 9 mln shares of its Class A common stock offered at a price to the public of $5.00 per share)
- IOVA -5.3% (after seeing late move higher on positive Wells Fargo comments)
- TSLA -2.6% (following Cybertruck presentation)
- NTNX -2.5% (following PSTG results; releases its own earnings Nov 25 after the close)
- KRTX -1.7% (continued weakness after today's 27% decline)
- G -1.5% (announces ~15.4 mln share secondary offering by holders consisting of entities affiliated with Bain Capital and its co-investor GIC Private Limited)
Analyst comments:
- VNTR -2.3% (downgraded to Neutral from Buy at UBS)
- CTSH -1.7% (downgraded to Underperform at Needham)
- OLED -1.4% (downgraded to Market Perform from Outperform at Cowen)
- APLS -1.2% (initiated with a Underperform at Wedbush)
- CLH -0.8% (initiated with a Underperform at Jefferies)