Gapping down
In reaction to disappointing earnings/guidance:
- SHOP -3.8% (suspends FY20 guidance; sees Q1 "within or ahead of" previously issued guidance range)
- CSII -1% (withdraws 2020 guidance)
- NVRO -0.9% (downside rev guidance for Q1, withdraws FY20 guidance, also announces stock offering)
- BSX -0.6% (revs guidane)
- APOG -0.5%
Other news:
- NVTA -9.6% ($125 mln stock offering)
- ASTE -1.1% (provides COVID-19 update; continues to manufacture)
- HMC -0.9% (American Honda sales fall 48% in March)
Analyst comments:
- MKSI -2.8% (downgraded to Neutral from Buy at DA Davidson)
- SEDG -0.9% (downgraded to Hold from Buy at Needham)