Gapping down
In reaction to earnings/guidance:
- CS -6%, SNBR -5.6%, NTGR -3%, ORAN -2.3%, BXS -2.2%, CACI -2.2%, GTLS -1.9%, LVS -1.6%, SEIC -1.6%, HIG -1.4%, NWE -0.8%, CCI -0.8%
Other news:
- EOLS -17.9% (prices offering of 9 mln shares of common stock at $9.50 per share)
- NBSE -14.2% (stock offering)
- GKOS -1.9% (entered into an amended licensing agreement with Intratus)
- MNOV -0.7% (received two milestone payments under MediciNova's assignment agreement with Genzyme Corporation, a subsidiary of Sanofi)
Analyst comments:
- FSR -8.8% (downgraded to Sell from Neutral at Goldman; tgt lowered to $10)
- PLNT -2.6% (downgraded to Neutral from Overweight at Piper Sandler)
- RIDE -2.5% (downgraded to Neutral from Buy at Goldman)