Gapping down
In reaction to earnings/guidance:
- TGT -22.8%, NXGN -14.3%, DOCS -12.9% (also authorizes up to $70 mln for share buybacks), TGI -11.4%, LOW -2.6%, DOYU -2%
Other news:
- EWCZ -7.1% (stock offering)
- RES -6.1% (CEO to transition to Exec Chairman role)
- ACRE -5.6% (prices offering of 7 mln shares of common stock for gross proceeds of $104.7 mln)
- LFLY -5% (launches online cannabis delivery orders)
- AMWL -3.2% (to shorten earnout period with acquisition of SilverCloud Health)
- LAB -2.4% (stock offering)
- ROOT -2.3% (launches Root Insurance in Alabama and Florida)
- HVT -1.6% (increases dividend)
- APPS -1.5% (to restate results for JunQ, SepQ and DecQ)
Analyst comments:
- CENX -4.3% (downgraded to Peer Perform from Outperform at Wolfe Research)
- DNA -3.6% (downgraded to Underperform from Neutral at BofA Securities)
- CARR -3.1% (downgraded to Neutral from Buy at BofA Securities)
- ILPT -1.8% (downgraded to Mkt Perform from Mkt Outperform at JMP Securities)
- HAFC -1.5% (downgraded to Neutral from Buy at DA Davidson)
- HOPE -1.1% (downgraded to Neutral from Buy at DA Davidson)