Gapping down
In reaction to disappointing earnings/guidance:
- RAD -12.1%, LAKE -9.8% (reports Q4 results - notes "significant" interest globally in its products in the wake of the coronavirus outbreak), GPRO -4.9%, KEY -1.6%, MS -0.9%
Other news:
- ATHX -24.2% (prices 22.25 mln shares of common stock at $2.25 per share)
- CALA -14.8% (prices offering of 5 mln shares of common stock at $6.25 per shareg)
- RAD -11.5% (not seeing news, still looking for catalyst)
- UAL -3.3% (confirms will get $5 bln from US Treasury)
- ARCT -3% (stock offering)
- RDFN -1.9% (reports home-buying demand was down 25% yr/yr for the week ending April 13)
- CLDR -1.1% (Carl Icahn affirms lowered active stake of ~17.7%)
Analyst comments:
- TLRY -4.3% (downgraded to Underperform from Hold at Jefferies)
- SQ -3.2% (downgraded to Underperform from Mkt Perform at Raymond James)
- CIEN -2.4% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
- TWTR -2.3% (downgraded to Neutral from Overweight at JP Morgan)