Gapping down
In reaction to earnings/guidance:
- NSTG -5.1% (guides and announces stock offering)
Other news:
- CLSK -23.1% (prices offering of 4,444,445 shares of common stock at $9.00 per share)
- GH -8.1% (stock offering)
- DKNG -5.4% (prices public offering of 32 million shares of Class A common stock at $52/share (16 mln sold by company))
- SWTX -4% (stock offering)
- WRK -3.1% (to reduce SBS capacity by 200,000 tons)
- MREO -2.2% (ADS offering)
- FRO -1.3% (CEO steps down)
Analyst comments:
- BAND -3.7% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
- MTD -1.2% (downgraded to Sell from Neutral at UBS)
- RL -0.8% (downgraded to Equal Weight from Overweight at Barclays)
- APO -0.6% (downgraded to Hold from Buy at Jefferies)