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Gainers
- TOP SHIPS Inc TOPS shares are up 21% after reporting a first-half 2019 loss of $600,000, compared to $6.6 million year-over-year. Sales came in at $29.8 million, up from $19.7 million year-over-year.
- Coupa Software Inc COUP shares are up 9% after reporting a second-quarter sales beat. Adjusted earnings came in at 7 cents per share, up from 5 cents per share year-over-year. Sales came in at $95.1 million, beating estimates by $9.72 million. The company issued strong third-quarter sales guidance.
- Box Inc BOX shares are up 8% after a 13D filing showed a new 7.5% stake from Starboard Value.
Losers
- Superior Industries International SUP shares are down 8% after suspending its quarterly common dividend. The company plans to reallocate capital towards business investment and net debt reduction.
- Tyson Foods, Inc. TSN shares are down 6% after issuing 2019 EPS guidance below analyst estimates.
- Zillow Group Inc ZG shares are down 3% after reporting a $1 billion in convertible senior note offering.
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