Gapping down
In reaction to earnings/guidance:
- CPRI -19.2%, LUMN -15.8%, BKH -9.2%, PERI -6.1%, JKHY -5.7%, CMG -4.7%, VSH -4.7%, TRMB -3.5%, ILMN -3.1%, CMRE -3.1%, PFGC -2.9%, SITC -2.2%, VSAT -2%, HMN -2%, PAYC -1.6%, CMP -1.6%, BG -1.6%, AMCR -1.5% (also authorizes additional $100 mln share repurchase program), ESS -1.4%, SSNC -1.3%, VRTX -1.2%, HIW -1.1% (also files mixed securities shelf offering)
Other news:
- XPOF -12.7% (prices secondary offering of 5 mln shares of common stock at $24.50 per share)
- RXST -9.2% ($40 mln stock offering)
- DT -6.3% (prices offering of 15 mln shares of common stock by selling stockholders)
- TMCI -5.5% (prices offering of 4,761,905 shares of its common stock at $21.00 per share)
- AVXL -2.7% (stock offering)
- NXGN -2.1% (CTO to step down)
- FRC -2% (stock offering)
- CR -2% (on track to complete previously announced separation on April 3)
- ARNC -1.9% (reports loss on sale of Russian ops)
- AEHR -1.7% (enters At-The-Market offering of common stock of up to $25 million of shares of the Company's common stock)
Analyst comments:
- HAIN -3.5% (downgraded to Underweight from Neutral at Piper Sandler)
- LSI -1% (downgraded to Neutral from Buy at Citigroup)