>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:
  • SNBR -35.6%, LPRO -32.5%, NRDY -29.7%, ESTA -28.2%, UPST -27.6%, MGIC -25.3%, EXFY -22.1%, TOST -17.6%, FLYW -17.4%, INSP -15%, ARRY -11.5%, CTKB -11.2%, MRVI -9.9%, EGY -9.3%, POWI -9.2% (also increases dividend), HOOD -9%, RXT -8.6%, AMRK -8.5%, GO -8.5%, MASI -7%, CPNG -6.7%, EBAY -6.6%, BMBL -6.1% (also increases share repurchase program to $300 mln), OSUR -6.1%, ANDE -5.8%, MRCY -5.8%, BIGC -5.4%, KVYO -5%, GTN -5%, EDR -5%, LCID -4.7% (also names COO; also stock offering by selling shareholders), CRCT -4.2%, SPTN -4.1%, PCT -3.7%, EVRI -3.4%, FOLD -3.4%, SPHR -3.4%, PAAS -3.3%, DOX -2.9%, SHLS -2.6%, XNCR -2.6% (also sells portion of royalties and milestones from Ultomiris and Monjuvi for $215 mln), IAC -2.5%, TVTX -2.5%, JKHY -2.5%, LFST -2.4%, CBAY -2.2%, IRBT -2%, CTOS -2%, GILD -2%, DAR -1.9%, ATEN -1.6% (also authorizes new $50 mln share repurchase program), TEF -1.5%, DVN -1.4%, FOUR -1.4%, CRSR -1.1%, METC -1.1%, NXST -1%, GEF -1%
Other news:
  • SPR -14.1% ($200 mln stock offering; also files mixed shelf securities offering)
  • OCUL -12.7% (files $300 mln mixed shelf securities offering)
  • INZY -4.7% (files $300 mln mixed shelf securities offering)
  • CLDX -4.7% (prices offering of 7.425 mln shares of common stock at $27.00 per share)
  • KRMD -4.3% (receives FDA clearance for FREEDOM60)
  • SPCE -2.9% (provides business update)
  • IDA -2.8% (prices offering 2801724 shares of its common stock at $92.80 per share)
  • RIOT -2.5% (reports Oct production)
  • SRE -2% (prices offering of 17142858 shares of its common stock at $70.00 per share)
  • BRP -2% (files mixed shelf securities offering)
  • ARVN -1.1% (files mixed shelf securities offering)
  • NXST -1% (NXST and Cox Comms reach distribution agreement)
Analyst comments:
  • LCID -4.9% (downgraded to Neutral from Overweight at Cantor Fitzgerald)
  • AHCO -3.1% (downgraded to Underperform from Neutral at BofA Securities)
  • NXPI -2.1% (downgraded to Sell from Neutral at Citigroup)
  • ARQT -2.1% (downgraded to Hold from Buy at JonesTrading)
  • MTZ -1.6% (downgraded to Neutral from Buy at Goldman)
  • EL -1.1% (downgraded to Market Perform from Outperform at TD Cowen)
  • ATSG -0.8% (downgraded to Neutral from Positive at Susquehanna)
  • DDOG -0.7% (downgraded to Neutral from Buy at Mizuho)