Gapping down
In reaction to earnings/guidance:
- ETH -2.8% (guides MarQ EPS above dual-analyst est),
M&A news:
- BSY -2.7% (to acquire INRO Software)
Other news:
- MAXN -10.4% (stock offering), GBX -4.1% (convertible notes offering)
- REI -2.7% (provides update on drilling program),
- PCRX -1.4% (seeks court injunction seeking retraction of articles pertaining to EXPAREL)
- GSK -1.4% (provides update on feladilimab; will stop enrolling patients in phase 2 trials),
Analyst comments:
- KSU -0.4% (downgraded to Equal Weight from Overweight at Wells Fargo)
- INTC -0.8% (downgraded to Underperform from Mkt Perform at Raymond James)
- OC -1.3% (downgraded to Neutral from Buy at Northcoast)