>>> US Gapping down


Gapping down
In reaction to earnings/guidance
:

  • CGNT -28.8%, LNN -0.6%

Other news:

  • XPOF -6.9% (announced secondary offering of common stock by selling stockholders) TRIN -4.2% (announced public offering of common stock)
  • FLDM -1.3% (completes $250 mln strategic capital infusion; changes name to "Standard BioTools")
  • BIIB -1.2% (presented new data from multiple sclerosis portfolio at AAN 2022)

Analyst comments:

  • BRCC -15.1% (downgraded to Mkt Perform from Outperform at Raymond James)
  • CVNA -3.7% (downgraded to Sector Perform from Outperform at RBC Capital Mkts)
  • CFG -0.8% (downgraded to Mkt Perform from Outperform at Keefe Bruyette)