Gapping down
In reaction to earnings/guidance:
- MEI -10.8% (guidance)
Other news:
- LSEA -10.6% (announces pricing of upsized secondary common stock offering and concurrent stock repurchase)
- VALN -3% (reports data from Phase 3 Chikungunya vaccine candidate published in the Lancet)
- IRON -2% (public offering of $100 mln)
- AMK -2% (issues May report)
- CHS -1.9% (CFO resigning appoints new CFO)
- BG -1.9% (Bunge and Viterra to combine to create a premier diversified global agribusiness solutions company; plans to repurchase $2.0 billion of Bunge's stock to enhance accretion)
- CWST -1.6% (acquiring Consolidated Waste Services; files $400 public offering)
Analyst comments:
- EOG -0.8% (downgraded to Neutral from Buy at Goldman)
- AAPL -0.7% (downgraded to Neutral from Buy at UBS)
- WB -0.7% (downgraded to Neutral from Buy at UBS)