Gapping down
In reaction to earnings/guidance:
- ERIC -9.7%, AZTA -6.3% (lowers guidance for JunQ revs), JPM -2.9%, WELL -1.1%, CAG -1.1%, MS -0.9%
Select metals/mining stocks trading lower:
- AU -3.8%, GFI -3.7%, GDX -2.2%, GOLD -2.2%, BTG -2.1%, IAG -2.1%, SLV -2%, GLD -1.1%
Select oil/gas related names showing early weakness:
- TTE -4.3%, SHEL -3.3%, BP -3%, OIH -2.4%, HAL -2.2%, COP -2.1%, XLE -2%, SLB -1.8%, PSX -1.8%, USO -1.7%
Other news:
- CFRX -77.2% (independent DSMB recommends Exebacase Phase 3 DISRUPT Study be stopped)
- BLU -8.8% (prices offering of 16540541 common shares at $9.25 per common share)
- EGY -8.8% (Transglobe Energy to be acquired by VALLCO Energy (EGY) in stock-for-stock strategic business combination)
- COKE -5.1% (to move to S&P MidCap 400 from SmallCap 600)
- NVAX -3% (FDA authorizes NVAX's COVID-19 vaccine for adults)
- TSLA -1.6% (Tesla Autopilot exec to step down)
- FLNC -1.3% (luence and Nine Additional Energy Market Organisations Issue Open Letter to European Policy Makers and the Media regarding the REPowerEU Plan)
Analyst comments:
- AOS -3.4% (downgraded to Neutral from Outperform at Robert Baird)
- CDLX -3.4% (downgraded to Equal Weight from Overweight at Wells Fargo)
- HAYW -3.1% (downgraded to Neutral from Outperform at Robert Baird)
- JELD -2.5% (downgraded to Equal Weight from Overweight at Barclays)
- DG -2.1% (downgraded to Neutral from Buy at Citigroup)
- FISV -2% (downgraded to Equal Weight from Overweight at Wells Fargo)
- AAT -1.7% (downgraded to Sector Weight from Overweight at KeyBanc Capital Markets)
- FAST -1.7% (downgraded to Neutral from Outperform at Robert Baird)
- FIS -1.6% (downgraded to Equal Weight from Overweight at Wells Fargo)
- GGG -1.6% (downgraded to Neutral from Outperform at Robert Baird)
- FELE -1.5% (downgraded to Neutral from Outperform at Robert Baird)
- CI -1.4% (downgraded to Hold from Buy at Jefferies)
- EIX -1.1% (downgraded to Underperform from Neutral at BofA Securities)