Gapping down
In reaction to earnings/guidance:
- ARCB -26.3%, BLDP -12.8%, IRBT -9.3%, SDC -8.4% (also experienced a systems outage caused by a cybersecurity incident), MAXR -8.2%, FRPT -7.1%, RCM -6.1%, SHO -6% (also suspends dividend on common shares), RACE -5.7%, MOS -5.1%, LGND -3.6%, ATC -3.5%, MBUU -3.1%, VRNS -2.5%, BHC -2.5%, SANM -2.1%, VNOM -2%, VMC -2%, ATCO -1.9%, SEDG -1.9%, HLIT -1.5%, CAR -1.4%, IAG -1.2%, GPN -1.2%, MLM -1%, XPO -0.7%, QGEN -0.7%, CMI -0.7%, RIG -0.6%, SAGE -0.6%
Other news:
- BOOM -5.5% (announces 2.5 mln share offering; also files mixed securities shelf offering)
- SYNH -3.9% (prices secondary offering of 7 mln shares of common stock by selling shareholders)
- ASO -3% (stock offering)
- MARA -2.9% (provides bitcoin production and miner installation update)
- COO -1.3% (announces acquisition of obp Medical for $60 mln)
- BTU -1.2% (new CEO)
Analyst comments:
- ACI -3.5% (downgraded to Neutral from Buy at Goldman)
- KR -2.5% (downgraded to Sell from Neutral at Goldman)
- TEVA -2.2% (downgraded to Neutral from Buy at UBS)
- LHDX -1.3% (downgraded to Mkt Perform from Outperform at William Blair)
- CMC -0.9% (downgraded to Neutral from Outperform at Credit Suisse)
- CCI -0.9% (downgraded to Mkt Perform from Outperform at Raymond James)
- DG -0.7% (downgraded to Sector Weight from Overweight at KeyBanc Capital Markets)