Gapping down
In reaction to earnings/guidance:
- FCEL -10.5%, GME -6.3% (also names former Amazon execs as CEO and CFO; also files for 5 mln share at-the-market offering; also received SEC request for documents), LAKE -5.5%
Other news:
- OCGN -41.7% (to pursue a BLA path in the US for its COVID-19 vaccine candidate)
- MTLS -13.8% (prices offering of 4.0 mln ADSs at $24.00 per ADS)
- CELH -10.8% (prices offering of 6,518,267 shares of common stock at $62.50 per share)
- EGLX -8.2% (stock offering)
- CAKE -5.8% (announces its intention to offer $300 mln convertible senior notes due 2026 and $175 mln of common stock in separate public offerings)
- IMBI -5.4% (prices underwritten public offering of 4,830,918 shares at $9.00 per share)
- PLBY -4.3% (prices offering of 4.72 mln shares of common stock at $46.00 per share)
- CMCT -3.4% (commencement of the previously announced rights offering for an aggregate of approximately $137.3 million of newly issued shares of common stock)
- LTHM -2.9% (stock offering; also files mixed securities shelf offering)
- WETF -2.8% (prices offering of $150.0 million of convertible senior notes due 2026)
- REVG -2.1% (stock offering)
- AMC -1.9% (announces shareholder count ahead of Shareholder Meeting in July)
- TRP -1.4% (confirms termination of Keystone XL Pipeline Project)
Analyst comments:
- CME -2.6% (downgraded to Neutral from Overweight at Atlantic Equities)
- FSLY -2.5% (downgraded to Perform from Outperform at Oppenheimer)