Gapping down
In reaction to earnings/guidance:
- QDEL -12.9% (issues downside Q1 rev guidance; also completes distribution agreement with MCK), KMB -4.4%, AXP -3.2%, INTC -2%, STX -1.9%, HON -1.6%
Other news:
- EDAP -11.1% (prices offering of 4.15 mln ADS's at $6.75 per share)
- THC -7% (Glenview Capital lowers stake to 9.99% from ~12.9%)
- CI -1.6% (MOH to acquire CI's Texas Medicaid and Medicare-Medicaid Plan contracts)
Analyst comments:
- HOG -2.4% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
- KHC -0.8% (downgraded to Neutral from Overweight at Piper Sandler)