Gapping down
In reaction to earnings/guidance:
- ANGO -9.6%, SHEL -5.4% (guidance update), ITGR -2.8%, BKE -2.5% (Sep comps), RGP -2%, DEO -1.1% (guidance update)
Other news:
- SMTC -6% (proposes private offering of $250 mln of convertible senior notes due 2027)
- SPLK -3.1% (files lawsuit against Cribl alleging patent infringement)
- HROW -3% (sells its non-ophthalmic compounding business)
- ANTX -2.6% (Provides Update on Epetraborole Ex-U.S. Development Plan in Treatment-Refractory MAC Lung Disease)
- AIR -2.3% (expands with Unison; to become global exclusive distributor for multiple product offerings)
- TWTR -1.9% (APO no longer in talks with Mr. Musk re financing deal according to Reuters)
- TSLA -1.2% (APO no longer in talks with Mr. Musk re financing deal according to Reuters) .
Analyst comments:
- MT -5% (downgraded to Neutral from Buy at UBS )
- RS -2.6% (downgraded to Neutral from Buy at Goldman)
- AN -2% (downgraded to Neutral from Overweight at JP Morgan)
- GMRE -2% (downgraded to Market Perform from Outperform at BMO Capital Markets)
- FCX -2% (downgraded to Neutral from Outperform at Exane BNP Paribas)
- EQR -1.5% (downgraded to Market Perform from Outperform at BMO Capital Markets)