Gapping down
In reaction to earnings/guidance:
- RAVN -7.9% (also suspends dividend), SMTC -6.2%, BILI -5.7%, WSM -5%, GEF -4.9%, DLTR -4.5%, COTY -4.4%, PLAB -4.1%, LCI -4%, DOOO -1.9%, BURL -1.7%
Other news:
- LI -6% (profit taking from late-session move on Wed)
- ODT -5.1% (stock offering)
- DKNG -4% (following NBA playoff games postponed)
- AEYE -2.1% (priced an underwritten public offering of 411,513 shares of its common stock, at a purchase price to the public of $17.75/share)
- BWA -2.1% (SEC announces settled charges)
Analyst comments:
- TXRH -1.6% (downgraded to Equal-Weight from Overweight at Stephens)
- GBX -0.5% (downgraded to Sector Weight from Overweight at KeyBanc Capital Markets)
- LULU -0.5% (downgraded to Neutral from Outperform at Exane BNP Paribas)