Gapping down
In reaction to earnings/guidance:
- SONO -23.2%, CDNA -21.4% (also files mixed shelf securities offering), AMRC -18.6%, MXCT -10.8%, DM -10% (also files for 444,793 share offering by selling shareholders), VUZI -6.5%, NTR -5.9%, DIS -5.5%, BLFS -3.7% (also exploring strategic alternatives for CBS and Stirling), JBI -3.7%, RBA -3.4%, CYBR -3.2%, MARA -2.7%, BYND -2.6% (also files mixed shelf securities offering), GDEN -2.5%, COOK -2.3%, PAR -2.2%, HPK -2.1%, NDLS -2.1%, MFC -1.8%, TAK -1.7%, DOX -1.4%, CDE -1.4%, HAE -1.3%, SOVO -1.1%, UTZ -1.1%, RPAY -1%, HIMX -1%, NUVL -1%, PKI -0.9%, RIOT -0.8%
Other news:
- WW -12.7% (reports Artal Group S.A. has sold its remaining stake of WW common stock)
- HLMN -6.6% (prices offering of 22.455 mln shares of common stock by selling shareholders)
- BE -6.4% (proposed offering of $500 mln in green convertible senior notes due 2028)
- TSLX -5.6% (priced a public offering of 4500000 shares of its common stock for total gross proceeds of ~$79.2 mln)
- REXR -3.1% (prices offering of 13.5 mln shares of common stock at $55.60 per share)
- BELFB -1.7% (files $250 mln mixed shelf securities offering)
- IRT -1.5% (increases dividend)
- CDZI -1.3% (stock offering by selling shareholders)
- HIMX -1% (declares cash dividend of $0.48 per ADS equivalent to $0.24 per ordinary share for FY22)
- SST -0.9% (to delay 10-Q filing)
Analyst comments:
- LXU -2.8% (downgraded to Neutral from Overweight at Piper Sandler)
- MOS -2.1% (downgraded to Neutral from Overweight at Piper Sandler)
- CF -1.9% (downgraded to Neutral from Overweight at Piper Sandler)
- NOC -1% (downgraded to Equal Weight from Overweight at Barclays)
