Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- SEDG -28.3% (slashes Q3 revenue outlook), ISRG -6.5%, IPG -5.6%, RF -5.5%, WDFC -4.4%, HPE -4.3% (issues downside FY24 EPS guidance), IHG -2.7% (Q3 trading update), SXT -2.1%, SLB -1.7%, CSX -0.9%
Other news:
- ARQT -20.8% (prices offering of 32.5 mln shares of common stock at $2.50 per share)
- ENPH -16.7% (in sympathy with weak SEDG guidance)
- SPWR -10.4% (in sympathy with weak SEDG guidance)
- RUN -9.6% (in sympathy with weak SEDG guidance)
- CSIQ -7.3% (in sympathy with weak SEDG guidance)
- FSLR -5.7% (in sympathy with weak SEDG guidance)
- MAXN -5.7% (in sympathy with weak SEDG guidance)
- JKS -5.3% (in sympathy with weak SEDG guidance)
- FLR -2.6% (wins contract with Sellafield for its nuclear site in UK)
- ENOV -1.9% (prices $400 mln of 3.875% Convertible Senior Notes due 2028; estimates that the net proceeds from the Offering will be approximately $386.9 mln)
- STLA -1.1% (announces 100 more layoffs at the Toledo machining plant)
Analyst comments:
- CNHI -2% (downgraded to Perform from Outperform at Oppenheimer)
- BEAM -1.9% (downgraded to Market Perform from Outperform at Leerink Partners)
- COLM -1.5% (downgraded to Neutral from Buy at Seaport Research Partners)