Gapping down
In reaction to earnings/guidance:
- HL -4.3%, CARS -2.4%
Other news:
- BIIB -28.8% (provides update on FDA Advisory Committee's meeting on Aducanumab)
- ZM -13.4% (trading lower with positive vaccine news)
- VXX -7.7% (trading lower with S&P Futures up 4%)
- CLX -4.2% (trading lower with positive vaccine news)
- SQ -3.1% (announces $1.0 billion convertible notes offering)
- SVM -1.1% (files $200 mln preliminary base shelf prospectus)
Analyst comments:
- ELAN -2.6% (downgraded to Underweight from Overweight at Barclays)
- RIGL -1.1% (downgraded to Neutral from Overweight at JP Morgan)