Gapping down
In reaction to earnings/guidance:
- BIG -20.2%, GPS -18.6%, AEO -13.7%, CGC -11.2%, WDAY -9.4%, MAXN -8.6%, HIBB -4.5%, ME -2.4%, COST -1.8%
Other news:
- IOVA -44.4% (announces clinical data for lifileucel in advanced melanoma)
- SWTX -33.7% (ASCO-related announcement)
- MRTX -23.9% (ASCO-related announcement)
- ACB -14.3% (announces $125 mln bought deal financing)
- AADI -6.2% (ASCO-related announcement)
- PTGX -4.9% (ASCO-related announcement)
- TAK -2.3% (ASCO-related announcement)
- KNTE -2.3% (ASCO-related announcement)
- HROW -1.5% (files for $300 mln mixed securities shelf offering)
- M -1.2% (files mixed securities shelf offering)
Analyst comments:
- GEF -1.6% (downgraded to Market Perform from Outperform at BMO Capital Markets)
- CVS -1% (downgraded to Mkt Perform from Outperform at Bernstein)