Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- NTCT -20.2% (guidance), SFBS -9.1%, ERIC -4.8%, EPAC -2%, ADTN -1.8% (guidance), LMT -1.5%, GOL -1% (guidance)
Other news:
- CHH -6% (Wyndham Hotels & Resorts receives proposal to be acquired by Choice Hotels (CHH) for $90.00 per share)
- LTRX -4.5% (Chairman passes away; names interim Chairman)
- TWKS -2.1% (partners with hipages Group)
- TXT -1.4% (names fleet launch customer)
- GMAB -1.2% (reports net sales of DARZALEX in the third quarter of 2023 totaled $2499 million)
- SGML -1% (readies third shipment of Triple Zero Green Lithium)
Analyst comments:
- SPWR -8.8% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
- EYE -3.6% (downgraded to Neutral from Buy at Goldman)
- ACDC -3.1% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
- BJ -1.8% (downgraded to Neutral from Buy at Goldman)
- FUL -1.2% (downgraded to Neutral from Outperform at Robert Baird)