Gapping down
In reaction to earnings/guidance:
- CGNT -15%, ASTL -9.7%, BB -2.4%, PRGS -1.3%
Other news:
- MNMD -37.9% (prices offering of common shares and warrants)
- NA -24.2% (prices offering of 2083334 ADSs at $2.40 per ADS)
- GMDA -20.9% (prices offering of 12905000 of its ordinary shares at $1.55 per share)
- MFA -15.3% (files mixed securities shelf offering)
- SAND -7.7% (announces $80 million bought deal financing) DB -5.6% (to settle with SEC agrees to pay $125 mln penalty)
- CS -4.5% (to settle with SEC agrees to pay $125 mln penalty)
- FDMT -3% (names new COO)
- LYFT -2.6% (freezing all US hiring thru end of 2022 according to NY Post)
- CGC -2.1% (to divest its retail business across Canada)
- UBER -1.2% (in sympathy with LYFT)
Analyst comments:
- NSC -1.3% (downgraded to Neutral from Positive at Susquehanna)
- CSX -0.8% (downgraded to Neutral from Positive at Susquehanna)