Gapping down
In reaction to disappointing earnings/guidance:
- ANF -6.8%, HPQ -6.4%, PLT -6%, COHR -4.8%, MOMO -4.6%, NIO -4.1%, NTNX -3.9%, NTAP -3.2%, DSGX -2.4%, BURL -2.1%, BOX -2%, TD -1.5%, ADSK -1.4%
Other news:
- IOVA -13.4% (reports Cohort 4 data from C-144-01 study of lifileucel in advanced melanoma; also announces $500 mln stock offering; also files mixed securities shelf offering)
- ARNA -11.9% (announces $250 mln stock offering)
- BCRX -7.4% (prices offering of 18,711,113 shares of its common stock at $4.50 per share)
- MRSN -7.1% (to offer and sell shares of its common stock in an underwritten public offering of 5 million shares of its common stock)
- VIE -6.9% (prices offering of 3.6 mln shares of its common stock at $47.00 per share)
- ESNT -6.6% (commences 11 mln common share offering)
- MESO -4.9% (provides clinical update, also reports earnings)
- CRNC -4.6% ($150 mln convertible notes offering)
- YETI -3.4% (commences 6,061,125 common stock offering by stockholders)
- BILI -2.5% (announces $650 convertible notes offering)
- UAL -2% (releases message from CEO; also announces COO transition)
- IMMU -1.7% (CEO departs)
- PEN -1.6% (prices offering of 753,012 shares of its common stock at $166.00 per share)
- GO -1% (announces stock distribution by stockholder Hellman & Friedman to distribute remaining holdings and complete exit)
Analyst comments:
- SAM -0.6% (downgraded to Neutral from Outperform at Credit Suisse)