Gapping down
In reaction to disappointing earnings/guidance:
- OSUR -19.8%, CENX -17.6%, FSLY -17.3%, SONO -12.6%, ADT -11.2%, WDC -10.8%, WIX -10.8%, INSG -10.1%, DDD -9.4%, LASR -9.2%, SPT -7.8%, OLN -7.3%, PTCT -7.2%, BDX -6.9%, BCRX -6.7%, HMHC -6.7%, ZIXI -6.5%, CWH -6.2%, WTRG -6.1%, XRAY -6.1%, TXMD -5.9%, MNLO -5.7%, GCI -5.4%, MUR -5.4%, CVNA -5.2%, LNC -4.6%, STAA -4.5%, ROKU -4.5%, RMD -4.4%, SPWR -4.3%, NCLH -4.2%, AEL -4.1%, ET -4.1%, CDAY -4%, FRT -4%, MRO -3.8%, CTVA -3.7%, SERV -3.7%, TWO -3.6%, HII -3.5%, MET -3.4%, ALRM -3.4%, CUB -3.2%, FTDR -3%, ADNT -3%, OBSV -3%, SUN -2.8%, FATE -2.6%, HR -2.6%, NVRO -2.5%, HLT -2.4%, SGMO -2.3%, MMS -2.1%, ENDP -1.9%, CXW -1.9%, SRPT -1.8%, STNG -1.8%, PGNY -1.5%, QTWO -1.5%, NVO -1.5%, PLUG -1.5%, LHCG -1.3%, PE -1.3%, CERC -1.3%, LYV -1.2%, PZZA -1.2%, MYL -1.1%, ZTS -1.1%, CRON -1.1%, ATSG -1%
Other news:
- APRN -18.2% (prices offering of 4 mln shares of common stock at $9.25 per share)
- RIG -7.5% (announces commencement of internal reorganization transaction)
- CCL -6.3% (Carnival and Carnival plc (CUK) prices equity offering and repurchase of convertible notes)
- STRA -5.8% (stock offering)
- TWOU -5.8% (prices offering of 6.8 mln shares of common stock at $45.50 per share)
- HZNP -3.8% (stock offering)
- SLP -3.8% (prices offering of 1,818,182 shares of common stock at $55.00 per share)
- CUK -3.4% (Carnival and Carnival plc (CUK) prices equity offering and repurchase of convertible notes)
- TWLO -2.4% (stock offering)
- W -2.1% (stock offering)
- CXW -1.9% (to revoke its REIT status and become a taxable C corp)
- OXY -1.1% (Carl Icahn increases holding and discloses 10.73% active stake)
Analyst comments:
- CDAY -3.9% (downgraded to Neutral from Sector Outperform at CIBC)
- GIII -3.8% (downgraded to Underweight from Equal Weight at Barclays)