Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- COLB -18.6%, HZO -15.5%, HUM -14.3%, HXL -8.6% (also increases dividend), TSLA -8.3%, LBRT -5.6%, SHW -5.3%, CNXC -5.1%, ETD -3.9%, NOC -3.9%, CASH -3.5%, VIRT -3.4%, CVBF -2.8%, STM -2.2%, PLXS -2%, TOWN -2%, KNX -1.7%, XRX -1.7%, BFH -1.6%, PKG -1.5%, LPG -1.3% (guidance), VLY -1.3%, VLY -1.3%, MUR -1.1%, MMC -0.7%
Other news:
- LQDA -10.5% (Provides Update on New Drug Application for YUTREPIA (treprostinil) inhalation powder)
- TRML -4.8% (offering of 4615384 shares of its common stock at a public offering price of $32.50/share)
- BA -2.7% (halts Boeing MAX production expansion to improve quality control also lays out extensive inspection and maintenance process to allow Boeing 737-9 Max aircraft to return to service; downgraded to Neutral from Buy at BofA Securities)
- F -1.2% (provides remeasurement of OPEB losses)
- GM -1% (likely in sympathy with F; also investing $1.4 bln in its plants in Brazil to deliver a new gen vehicle portfolio for South American customers) .
Analyst comments:
- VFC -3.2% (downgraded to Sell from Hold at Williams Trading)
- HTZ -2.6% (downgraded to Hold from Buy at Deutsche Bank; downgraded to Neutral from Overweight at JP Morgan)
- KIDS -2.5% (downgraded to Hold from Buy at Truist)