Gapping down
News:
- SFT -3.2% (prices offering of $75 mln of convertible senior notes due 2026)
- BLBD -1% (CFO Jeffery Taylor to resign for personal reasons)
- VVNT -0.9% (announced founder and CEO Todd Pedersen has decided to step down as CEO effective once the board of directors of the company appoints his successor)
- VXX -0.9% (dipping lower with US futures modestly stronger)
Analyst comments:
- DG -1.7% (downgraded to Underperform from Neutral at BofA Securities)
- CPB -1% (downgraded to Hold from Buy at Jefferies)
- AINV -0.5% (downgraded to Equal Weight from Overweight at Wells Fargo)