Gapping down
In reaction to earnings/guidance:
- UNFI -21.9%, SOUN -10.5%, YEXT -8.4%, SFIX -8%, MBC -5.8%, COCO -5%, IMXI -4.6%, AGTI -4.3%, VRDN -2.2%, CRCT -1%
Other news:
- SHLS -7.8% (prices secondary offering of 24501650 shares of common stock by certain selling stockholders at $24.70 per share)
- PTLO -5.9% (prices offering of 8.0 mln shares of common stock at $21.05 per share)
- COCO -5% (appoints new CFO)
- PR -4.9% (prices secondary offering of 27.5 mln shares of common stock at $11.00 per share)
- BANC -4.9% (files mixed shelf)
- ASLE -2.2% (stock offering)
- MODN -2.2% (to offer $220 mln convertible notes)
- ACI -2% (established a retention program to incentivize and promote retention of a key group of Company employees to help consummate the Kroger (KR) merger)
- AER -1.1% (stock offerings)
- SAM -0.9% (CFO stepping down)
Analyst comments:
- CARA -4.9% (downgraded to Underperform from Neutral at BofA Securities)
- TSLA -1.4% (downgraded to Hold from Buy at Berenberg)
- ACRE -1.3% (downgraded to Mkt Perform from Outperform at Keefe Bruyette)