Gapping down
In reaction to earnings/guidance:
- AMPL -19.3%, TWLO -16.4%, CUTR -15.8% (also CFO steps down; also announces agreements with Pura Vida and RTW), ABNB -14.1% (also authorizes new $2.5 bln share repurchase program), RETA -13.6%, COHR -13%, NVTA -12.4%, HCAT -12.1%, JXN -10.8%, RVNC -8.8%, TTGT -8.8%, BROS -8.5%, SILK -8%, BBAI -7.1% (also names new COO), HRB -6.9%, AFRM -6.8%, ZIP -6.6% (also authorizes new $100 mln share repurchase program), ARRY -6.6%, MQ -6.5%, NVEI -6.5%, STR -6.4%, EVCM -6%, TEVA -6%, EBS -5.9%, ACDC -5.7%, PTRA -5.5%, ICHR -5.4%, GPRO -5%, EXFY -4.8%, CEVA -4.8%, MODG -4.7%, BLNK -4.3%, GDRX -4.3%, VRDN -4.2%, FA -4%, AGL -3.9%, SPCE -3.9%, ORA -3.8%, RXT -3.7%, CAMT -3.5%, IRBT -3.3%, CLNE -3.2%, VERX -3.2%, WTI -3.1%, SPHR -2.9%, LAZR -2.8%, EGY -2.7%, EOLS -2.2%, LNC -2.2%, MASI -1.8%, MRTX -1.7%, OXY -1.6%, HRT -1.5%, BEAM -1.5%, ESE -1.3%, BE -1.3%, TSM -1.2% (April sales), EXK -1.2%
Other news:
- IAS -13.7% (prices secondary offering of 10.0 mln shares of common stock at $15.00 per share)
- SILK -8% (files mixed shelf securities offering)
- STR -6.4% (lowers dividend)
- RUM -6% (Tucker Carlson Twitter deal)
- BLUE -3.1% (files $350 mln mixed shelf securities offering)
- APAM -2% (reports April AUM)
- NEXT -2% (files for 5,835,277 share offering by selling shareholders)
- BGNE -1.4% (files mixed shelf securities offering; also stock offering by selling shareholders)
- FOXA -1.4% (Tucker Carlson Twitter deal)
- WTFC -1.4% (files mixed shelf securities offering)
- AB -1% (reports April AUM)
- WPM -0.9% (renewed its at-the-market equity program)
Analyst comments:
- SCCO -2.8% (downgraded to Sell from Neutral at Goldman)
- BUD -1.5% (downgraded to Hold from Buy at HSBC Securities)
- SEE -0.8% (downgraded to Equal-Weight from Overweight at Morgan Stanley)