Gapping down
In reaction to earnings/guidance:
- LXP -8.2%, NRIX -2% (also provides corporate update), IMOS -0.5%
Other news:
- HARP -4.2% (CMO departs)
- ULCC -2.8% (Spirit Airlines to begin discussions with JetBlue Airways)
- CWT -2.2% (to acquire Stroh's Water Company)
- BTAI -2.1% (enters into commercial supply agreement with Arx)
- BIIB -1.7% (Medicare releases national policy that limits coverage for aducanumab)
- ANSS -1.1% (wins NASA contract worth up to $39.1 mln)
Analyst comments:
- HOOD -3.4% (downgraded to Sell from Neutral at Goldman)
- CP -2.4% (downgraded to Neutral from Buy at BofA Securities)
- FTCI -2.4% (downgraded to Neutral from Overweight at Piper Sandler)
- AVDX -1.8% (downgraded to Neutral from Buy at Goldman)
- HPQ -1.7% (downgraded to Neutral from Buy at UBS)
- ARCB -1.6% (downgraded to Neutral from Buy at BofA Securities)
- AA -0.8% (downgraded to Neutral from Outperform at Credit Suisse)