Gainers
ViewRay, Inc. VRAY shares are up 9% after announcing a $75 million common stock offering.
J C Penney Company Inc JCP shares are up 2% after announcing it has received notice New York Stock Exchange that the company has regained compliance with the NYSE’s minimum average share price listing requirement.
Puma Biotechnology Inc PBYI shares are up 2% after its licensing partner Specialised Therapeutircs received marketing approval in Singapore for NERLYNX, for extended adjuvant treatment of early stage hormone receptor positive HER2-Positive Breast Cancer
International Game Technology PLC IGT shares up 1% after announcing the departure of CFO Alberto Fornaro.
Losers
CBL & Associates Properties, Inc. CBL shares are down 26% after announcing the suspension of common and preferred stock dividends. The company says it sees a decline in net operating income as a result of ‘heightened retailer bankruptcies, restructurings and store closings in 2019’.
Coupa Software Inc COUP shares are down 2% despite reporting a third quarter earnings beat. Adjusted earnings came in at 20 cents per share, beating estimates by 14 cents. Sales came in at $101.8 million, beating estimates by $5.61 million. The company also issued strong fourth quarter earnings guidance.
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