Gapping down
In reaction to earnings/guidance:
- TDUP -7.4%, ROVR -6.7% (also announces CFO succession plan), NVEI -2.4%
Other news:
- TVTX -4.4% (to offer $250 million aggregate principal amount of convertible senior notes due 2029)
- MNDT -3.1% (Google (GOOG/GOOGL) to acquire Mandiant for $23.00 per share, in an all-cash transaction valued at approximately $5.4 billion, inclusive of Mandiant's net cash)
- ROAD -2.2% (acquires Southern Asphalt)
- ADMA -1.8% (receives FDA approval for fifth ADMA BioCenters plasma collection facility)
- BRO -1.8% (to acquire Global Risk Partners' insurance operations)
- VAL -1.3% (stock offering)
- IVT -0.8% (files mixed securities shelf offering)
Analyst comments:
- PASG -2.1% (downgraded to Neutral from Overweight at JP Morgan)
- ALEC -1.4% (downgraded to Hold from Buy at Stifel)