Gapping down
In reaction to earnings/guidance:
- SQSP -23.1%, BLUE -14.2%, EGRX -5.4%, HUN -1.2%
Select Index ETFs showing weakness:
- DIA -0.7%, QQQ -0.6%, SPY -0.5%, IWM -0.4%
Other news:
- TPTX -9.3% (discloses that Chief Scientific Officer Siegfried Reich, Ph.D. notified co of his intention to resign)
- MA -1.6% (issues Statement on Suspension of Russian Operations)
- RWT -1.1% (files mixed securities shelf offering)
- GWH -1.1% (files for 130,044,756 share common stock offering by selling shareholders)
- ROKU -1% (files mixed securities shelf offering)
- V -1% (suspends all operations in Russia)
Analyst comments:
- C -2.6% (downgraded to Hold from Buy at Jefferies)
- CHRS -2.5% (downgraded to Neutral from Overweight at JP Morgan)
- ESRT -2.5% (downgraded to Underperform from Market Perform at BMO Capital Markets)
- PM -1.6% (downgraded to Neutral from Overweight at JP Morgan)