>>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:
  • DFS -11.2%, BIRK -7.4%, BTMD -7.3% (lowers Q4 guidance; also to acquire Asteria Health), WTFC -7.2%, IIIN -3%, TALO -2.2% (guides Q4 in-line, also commences $300 mln stock offering), SNV -1%, WNS -1%, KEY -0.9%
Other news:
  • PLUG -13.3% (enters into ATM sales agreement to sell up to $1 bln in shares)
  • HUM -11.8% (discloses that it expects individual Medicare Advantage growth of approximately 100000 members for the year ending December 31 2024) LUXH -6.5% (Responds to Inaccurate and Misleading Short Seller Report)
  • FSM -2.8% (reports record 2023 production of 452 koz Au Eq)
  • VRDN -2.7% (prices offering of 7142858 shares of common stock at $21.00 per share)
  • BBIO -2.5% (announces strategic financing from Blue Owl Capital and Canada Pension Plan Investment Board)
  • COF -2.3% (in sympathy with weak DFS earnings)
  • ELF -2.2% (to join S&P MidCap 400)
  • WGO -1.9% ($300 mln convertible notes offering)
  • PHI -1.9% (comments on news article)
  • MITK -1.8% (announces extension of Nasdaq Stay and hearing date)
  • VOR -1.7% (doses first AML patient with VCAR33 and provides corporate update) .
Analyst comments:
  • SAVE -5.5% (downgraded to Sell from Neutral at Citigroup)
  • PLTK -3.5% (downgraded to Underperform from Neutral at BofA Securities )
  • ZM -0.9% (downgraded to Underperform from Neutral at Exane BNP Paribas)
  • SHOP -0.5% (downgraded to Underperform from Neutral at Exane BNP Paribas)