Gapping down
In reaction to earnings/guidance:
- CHPT -12.1%, ZS -11.5% (also announces 3% workforce reduction), MRVL -8.2%, VSCO -3.3%, DELL -3.1% (also increases dividend and names new CFO), PSO -3%, COST -2.1%, HIBB -0.8%
Other news:
- VERU -33.5% (FDA declines to grant request for EUA for sabizabulin)
- CDTX -18.2% (announces concurrent but separate offerings of its common stock and convertible preferred stock)
- BMBL -5.5% (prices secondary offering of 13750000 shares of common stock by certain selling stockholders at $22.80 per share)
- PRAX -3.8% (reports Topline Results from the Essential1 Study of Ulixacaltamide)
- MARA -3.2% (publishes Feb bitcoin production and miner installation updates)
- MIR -3% (prices offering of 9786153 shares of common stock by certain selling stockholders at $8.75 per share)
- JOUT -3% (to sell the Eureka! Military and Commercial Tents product lines of its Camping business segment to Rekord Group)
- RIOT -2.9% (to delay 10-K filing; also reports earnings)
- XMTR -1.9% (to delay 10-K filing)
- RVMD -1.7% (prices offering of 13636364 shares of common stock at $22.00 per share)
- NE -1.5% (to delay 10-K filing)
- RYTM -1.4% (files mixed securities shelf offering)
- ECVT -1.4% (announces that certain funds to sell remaining interest in co)
- ZM -1.2% (terminates employment of Greg Tomb as President) .
Analyst comments:
- DLO -5% (downgraded to Sell from Buy at UBS)
- ITRI -1.7% (downgraded to Underweight from Neutral at JP Morgan)
- DEI -1.5% (downgraded to Underperform from Market Perform at BMO Capital Markets)
- HRL -1.5% (downgraded to Underweight from Neutral at JP Morgan)
- DPZ -0.8% (downgraded to Hold from Buy at Gordon Haskett)