Gapping down
In reaction to earnings/guidance:
- BCEI -3.3%, GBX -3.3%, MRVI -1.6% (guides Q1 revs above consensus; also announces stock offering), PSXP -1.3%
Other news:
- ARES -7% (stock offering)
- TPTX -6.2% (reports clinical data from TPX-0046 study)
- UCTT -4.9% (commences $175 mln stock offering; also files for mixed securities shelf offering)
- NTST -3.3% (stock offering)
Analyst comments:
- ACAD -2.5% (downgraded to Neutral from Buy at Goldman; downgraded to Hold from Buy at Jefferies)
- YELP -1.4% (downgraded/resumed to In-line from Outperform at Evercore ISI)
- COOP -1% (downgraded to Mkt Perform from Outperform at Keefe Bruyette)