Gapping down
In reaction to earnings/guidance:
- PD -23.6%, ZUO -22.8%, DBI -18.8%, RKT -9.5%, CRWD -9.2%, MOMO -9.2%, SMAR -8%, CIEN -7.8%, CLDR -7.1%, SAIC -5.5%, AMBA -3%, CPB -2.1%
Other news:
- AKBA -70.6% (following top-line results from PRO2TECT)
- TSLA -6.8% (continued weakness following yesterday's plunge; there was positive article about Tesla competitor Lucid Motors)
- AMC -3.7% (files for 30 mln share offering)
- OSTK -3.4% (introduces zero trading fees)
- CYCN -2.6% (entered into $50 mln Open Market Sale Agreement with Jefferies)
- NIO -2.3% (August deliveries)
- IONS -1.4% (announces publication of compassionate-use study)
Analyst comments:
- WMC -2.2% (downgraded to Underperform from Neutral at BofA Securities)
- FAST -1.8% (downgraded to Equal Weight from Overweight at Wells Fargo)
- UPS -1.1% (downgraded to Sell from Hold at Berenberg)