Gapping down
In reaction to disappointing earnings/guidance:
- EZPW -9.2%, KMT -7.5%, HLIT -5.4%, MTSC -4.5%, CNC -3.5%, GOOG -3.2%, PBI -3.1%, LEG -3%, WAT -1.8%, BECN -1.6%, ETN -1.6%, NXPI -1.2%, MSGN -0.9%, SXI -0.8%, EMR -0.6%
Other news:
- RMTI -13.7% (stock offering)
- CTLT -3.6% (prices public offering of its common stock with expected gross proceeds of approximately $500 mln)
- IVR -2.3% (announces offering of 18 mln shares, also issues upside EPS guidance)
- CCC -1.8% (announces 20 mln share offering)
- BNTX -0.9% (commences public offering of 6.0 mln ADSs)
Analyst comments:
- SAIA -2.7% (downgraded to Equal-Weight from Overweight at Stephens)
- ORAN -1.5% (downgraded to Hold from Buy at Berenberg)