Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- HKD -7.8%, VERX -4.6%, BRKR -3.7%, BCRX -3.1%, MSEX -2.7%, KOS -2.5%, SPR -1.3%, KRYS -1.3%, AXSM -1.2%
Other news:
- ALVO -23.3% (receives FDA Complete Response Letter for AVT05 Biosimilar Application; lowers FY25 revs guidance)
- KMB -14.1% (Kenvue to be acquired by Kimberly-Clark Corporation (KMB) in cash/stock deal)
- TMQ -3.8% (files mixed securities shelf offering)
- CAAS -3.7% (subsidiary Hubei Henglong Automotive Systems Group signed a strategic cooperation memorandum of understanding with KYB-UMW Sdn Bhd in Malaysia) CMS -2.3% (proposes offering of $750 million of convertible senior notes due 2031)
- CVI -1.5% (files mixed securities shelf offering)
- IMAX -1.5% (proposes convertible senior notes offering for the partial refinancing of outstanding 2026 notes, working capital, share repurchases or other general corporate purposes)
- CRBG -1% (CFO resigns)
- SO -0.9% (plans to sell 35 million equity units in a public offering)