Gapping down
In reaction to earnings/guidance:
- QS -14%, SAM -12.4%, NUS -12.1% (also increases dividend), TOST -11.8%, RNG -10.7%, SHOP -10.2%, UPWK -8%, AMPL -8% (also names new CFO), PARA -8%, EPAM -7.5%, DDOG -7.5%, AMED -7% (also to divest its Personal Care division), RCM -5%, FARO -4.6%, ZD -4.4%, CVE -4.1%, LH -3.4%, TRUP -3%, SNPS -3%, VMC -2.8%, OGN -2.6%, VECO -2.2%, REZI -2.1%, TROX -1.9%, WELL -1.9%, HCC -1.7%, EQT -1.7%, INVH -1.7%, ROG -1.6%, ET -1.5%, SYNH -1.4%, HSIC -1.4%, LXP -1.3%, AEE -1.2%, CEG -1.2%, H -1%, SCL -0.9%
Other news:
- SNCY -4.9% (prices secondary offering of 5.25 mln shares of common stock by managed by affiliates of Apollo Global Management)
- KNSL -2.6% (increases dividend)
- REAL -1.7% (announced a savings plan intended to reduce operating expenses; reducing 7% headcount and rationalizing its real estate footprint)
- ALVR -1.6% (stock offering by selling shareholders)
- DINO -1.3% (names new CEO)
Analyst comments:
- CARG -5.4% (downgraded to Underweight from Neutral at Piper Sandler)
- LTHM -1.6% (downgraded to Neutral from Buy at BofA Securities)
- CHKP -1.1% (downgraded to Underperform from Neutral at SMBC Nikko)
- FLNG -1.1% (downgraded to Hold from Buy at Danske Bank)
- EA -0.8% (downgraded to Hold from Buy at Deutsche Bank)