Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- MANU -3.1%, KBH -2.2%
Other news:
- INNV -9.4% (Priced a 10 million-share secondary offering by selling stockholders at $9.25 per share.)
- IMVT -7.0% (IMVT-1402 missed the primary endpoint in a CLE trial, prompting Immunovant to discontinue development for that indication.)
- VOYG -6.3% (Launches $350 million convertible senior notes offering, with an option for an additional $52.5 million.)
- BMEA -5.9% (Scrapped its proposed public offering after unfavorable market conditions, with no securities sold.)
- CDE -3.4% (Plans a record $158 million exploration spend in 2026 as drilling expands mineralization at two Canadian mines.)
- SVM -3.2% (Postponed its annual and special shareholder meeting to October 2 after amending a proposed Articles resolution.)
- ORKA -1.6% (Reported Week 28 ORKA-001 data, with PASI 100 at 71.4% and PASI 90 at 87.3%.)
- WPP -1.4% (CFO Joanne Wilson is stepping down to join Diageo, with a successor search underway.)
- TVTX -1.2% (Received USPTO allowance for a FILSPARI use-method patent in FSGS, expected to provide coverage through October 2037.)
- FRMI -1.2% (Extended the closing date for TensorWave's $6.5 billion data-center lease to October 31, 2026.)
- NICE -1.1% (Brookfield is reportedly in discussions to acquire Actimize from the company.)