Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- CDMO -38% (issues guidance; also proposed private placement of $160 mln of convertible notes), VSCO -28.1% (also authorizes new $250 mln share repurchase program), CIEN -10.5%, HDSN -9.6%, INFN -8.2%, KGS -8.1%, BILI -7%, STVN -6.3%, ZYME -5.2% (also stock offering by selling shareholders), SLNO -5.1%, BIG -4.8%, HPK -2.7%, DSGX -2.4%, BKE -1.2% (Feb comps), FCEL -0.8%, BJ -0.6%
Other news:
- ADT -9% (prices secondary offering of 65.0 mln shares of common stock at $6.50 and concurrent share repurchase)
- VLRS -6.9% (reports February traffic results)
- CBZ -4.4% (acquries CompuData)
- CRGY -4.3% (prices secondary offering of 12.5 mln shares of common stock at $10.50 per share)
- TCRX -2.9% (files $300 mln mixed shelf securities offering)
- PYCR -2.8% (prices offering of 8 mln shares of common stock at $20.15 per share by selling stockholders)
- CWAN -2.4% (launches 16.25 mln share offering)
- NYCB -2.3% (discloses additional details on investment agreements with affiliates of funds managed by Liberty 77 Capital; to host investor conference call today)
- PHVS -2.1% (files for 5,545,155 ordinary shares by selling shareholder)
- XRX -1.5% (prices offering of $350 mln of 3.75% Convertible Senior Notes due 2030)
- OMAB -1.2% (reports that terminal passenger traffic at its 13 airports increased 0.4% in February 2024)
- LIND -0.9% (files $300 mln mixed shelf securities offering)