Gapping down
In reaction to strong earnings/guidance:
In reaction to strong earnings/guidance:
- HTHT -10%, CLNE -8.7%, AXAS -8.5%, SIG -7.4%, EVRI -3.8%, TSG -2.6%, GSVC-2.5%, NTLA -2.5%, DBVT -2%, PETX -0.7%
Other news:
- SILC -14.8% (continued weakness weakness; customer decided to abort the new cloud infrastructure architecture)
- HLX -8.1% (to offer, subject to market and other conditions, $125 mln principal amount of Convertible Senior Notes due 2023)
- CTT -7.8% (commenced an underwritten offering of 4,500,000 shares of its Class A common stock)
- RPD -3.7% (prices offering of 2 mln shares of common stock at $26.25)
- ARI -3.5% (commenced offering of 13,500,000 shares of common stock)
- HMLP -3.4% (attributed to block trade pricing)
- ADC -2.6% (commences public offering of 3 mln shares of common stock in connection with the forward sale agreement )
- HGV -2.2% (affiliate of HNA Tourism Group commenced secondary offering of 24,750,000 shares of HGV's common stock)
- SUPN -2% (to offer $350 million aggregate principal amount of Convertible Senior Notes due 2023 in a private offering)
- CX -1.8% (discloses receipt of grand jury subpoena relating to its operations in Colombia and other jurisdictions)
- BKI -0.5% (announces secondary offering of common stock and repurchase of common stock)
Analyst comments:
- ULTI -1% (downgraded to Neutral from Outperform at Wedbush)