Gapping down
In reaction to disappointing earnings/guidance:
- SAVE -11.5% (also commences stock offering), SEDG -11.1%, PING -8.7%, EPR -8.3%, SONO -8.1% (also introduces premium smart soundbar product, Sonos Arc), CVNA -7.4%, VSTO -7.2%, FOLD -7.1%, BFAM -7%, ALDX -6.8%, AYX -6.7%, LGND -6.4%, DDD -5.4%, SRPT -5.3%, LCI -5.2%, ELAN -5.1%, ETSY -5%, EXAS -4.8%, MMS -4.2%, GRUB -4%, TTGT -3.9%, NDLS -3.7%, AZPN -3.6%, QTWO -3.3%, ANSS -3%, COMM -3%, PAAS -2.7%, WELL -2.6%, DCP -2.5%, ZNGA -2.5%, RNG -2.4%, REZI -2.3%, BEAT -2.2%, OGE -2.1%, INVH -2%, HII -1.7%, SQ -1.6%, WYNN -1.6%, CCMP -1.6%, HL -1.6%, STAY -1.5%, RP -1.3%, EPAM -1.3%, CTL -1.2%, UPWK -1.1%, HR -1%, QGEN -1%, BHC -1%, KRO -0.9%, DISH -0.7%
Other news:
- SLDB -9.4% (provides update regarding FDA clinical hold on IGNITE DMD Phase I/II clinical trial; study remains on hold)
- VAPO -4% (prices offering of 3.35 mln shares of common stock at $26.00 per share)
Analyst comments:
- CMP -1.1% (downgraded to Neutral from Overweight at JP Morgan)
- SHOP -0.8% (downgraded to Equal Weight from Overweight at Wells Fargo)