Gapping down
In reaction to earnings/guidance:
- AAP -25.5%, AMBA -18.3%, HPE -8.4%, SPWH -7.8%, FRO -6%, HPQ -5.9%, UHAL -3.2%, CPRI -1.5%
Other news:
- BLTE -37.2% (prices offering of ADSs and warrants)
- ASLE -10.1% (prices secondary offering of 4.0 mln shares of common stock by selling shareholders)
- PEPG -9.7% (clinical hold on IND application of PGN-EDODM1)
- HRZN -8.8% (prices offering of 3.25 mln shares of common stock at $12.50 per share)
- LTRX -8.6% (CEO to step down)
- PUK -4.3% (CFO resigns; appoints Ben Bulmer as CFO)
- EGO -3.8% (announces C$81.5 mln strategic investment by EBRD and concurrent C$135 mln bought deal financing)
- COIN -2.9% (SEC settles with former product manager and his brother on insider trading charges)
- MERC -1.7% (receives court approval to acquire Structurlam Mass Timber assets)
- KODK -1.6% (acquires Graphic Systems Services)
- BMBL -1.2% (president to resign)
- FRPT -1% (responds to JANA Partners' letter)
Analyst comments:
- PDCE -1.7% (downgraded to Neutral from Buy at Seaport Research Partners)