Gapping down
In reaction to earnings/guidance:
- BTAI -25.5%, SSL -5.2%, JKS -2.6%, ROIV -1.6%
Other news:
- AMC -34.8% (AMC won court approval of a revised stock conversion plan according to Bloomberg)
- NKLA -15.1% (announces preliminary results of battery investigations voluntarily recalls 209 Class 8 battery-electric trucks)
- PCYG -8.5% (files $50 mln mixed shelf securities offering)
- VALN -5.6% (announces PDUFA Date extension for Chikungunya virus vaccine candidate)
- HE -4.9% (facing questions for not cutting off power to reduce wildfire risk)
- WK -2.5% (offering of $525 million of convertible senior notes)
- HRMY -2.3% (to acquire Zynerba Pharmaceuticals (ZYNE)
- OPAL -2.1% (files mixed shelf securities offering)
- NOVA -1.6% (launched an underwritten public offering of $75.0 million of Sunnova's common stock)
- XAIR -1.4% (files for 626308 shares of common stock by selling shareholders)
- FLNC -1.2% (files mixed shelf securities offering)
- CHH -0.7% (files mixed shelf securities offering)
Analyst comments:
- KEYS -2.9% (downgraded to Underperform from Neutral at BofA Securities)
- MOS -2.9% (downgraded to Underweight from Equal Weight at Barclays)
- URBN -2.4% (downgraded to Neutral from Buy at Citigroup)
- NTR -2.3% (downgraded to Underweight from Overweight at Barclays)
- MAR -1.6% (downgraded to Mkt Perform from Outperform at Bernstein)
- CF -1.5% (downgraded to Equal Weight from Overweight at Barclays)
- WPC -1.4% (downgraded to Underperform from Neutral at BofA Securities)
