Gapping down
In reaction to earnings/guidance:
- PSTG -9.9%, JWN -4.8%, ADSK -1.6%, HEI -1.3%
Other news:
- GTX -16.4% (announces with the assistance of its financial and legal advisors, it is exploring alternatives for addressing its previously disclosed balance sheet concerns)
- IMBI -8.7% (priced an underwritten public offering of 2,400,000 shares of its common stock, at a public offering price of $6.25/share)
- LAD -5.1% (to join S&P MidCap 400)
- SMCI -3.4% (announces settlement with SEC fully resolving previously disclosed investigation)
- LRN -2.4% (convertible notes offering)
- TEVA -1.9% (US business has been indicted on price fixing charges, according to WSJ)
- SIBN -1.9% (Medica publishes iFuse coverage policy)
- CCL -1.9% (cancels two cruises)
- CDAY -1.5% (prices secondary offering)
- BBBY -1.1% (announces major realignment of organizational structure, includes 2,800 job cuts)
Analyst comments:
- LSTR -6.2% (downgraded to Hold from Buy at Stifel)
- PINC -1.1% (downgraded to Hold from Buy at The Benchmark Company)