Gapping down
In reaction to earnings/guidance:
- AKA -22.6%, DIBS -17.7% (also names new CFO), CCXI -12.8%, FSLR -12.7%, INO -12%, PRPL -11%, VUZI -9.5%, ANF -8.6%, CELH -8.3%, WISH -4.4%, SRPT -4%, INSG -2.7% (also Ashish Sharma named CEO, Dan Mondor to become Exec. Chairman), CERT -2.4%, GO -1.5%
Other news:
- KPTI -27.2% (provides regulatory update for selinexor; receives feedback that top-line results from SIENDO study are unlikely to support sNDA approval)
- ERIC -14.7% (provides update on Deferred Prosecution Agreement; comments about the Iraq investigation)
- HOOK -14.3% (common stock offering and convertible preferred offering)
- DIBS -8% (hired Thomas Etergino as CFO )
- CARA -7.1% (files for $300 mln mixed securities shelf offering )
- ASTL -3.9% (receives TSX approval for intended normal course issuer bid)
Analyst comments:
- GOCO -24.1% (downgraded to Hold from Buy at Truist)
- CWH -2.4% (downgraded to Hold from Buy at Truist)
- AM -1.3% (downgraded to Underweight from Equal Weight at Barclays)