>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • LEVI -7.7%, KRUS -2.8%, COST -0.5% (June comps)

Other news:

  • BLZE -5.2% (eliminates dual-class share structure)
  • KTB -2.5% (in sympathy with LEVI earnings)
  • RIOT -2.2% (provides June production and operations updates)
  • FSR -2.1% (reports Q2 2023 production figures)
  • SRPT -1.6% (selects AcariaHealth as part of the limited distribution network for ELEVIDYS)
  • PLTR -0.9% (Director sold 37076 shares)

Analyst comments:

  • PARA -3% (downgraded to Underperform from Peer Perform at Wolfe Research)
  • XPEV -2.5% (downgraded to Sell from Neutral at Bocom)
  • WBD -2.3% (downgraded to Peer Perform from Outperform at Wolfe Research)
  • KLAC -1.9% (downgraded to Sector Weight from Overweight at KeyBanc Capital Markets)
  • WFC -0.8% (downgraded to Peer Perform from Outperform at Wolfe Research)
  • BHP -0.6% (downgraded to Hold from Buy at Berenberg)