>>> US Gapping Down


Gapping down
In reaction to disappointing earnings/guidance
:

  • TDY -1.3%

Other news:

  • MNLO -42.1% (announces two Phase 3 clinical trials did not meet primary endpoints) VXX -5.9% (lower with US futures up)
  • DAL -5.1% (Berkshire Hathaway (BRK.A) disclosed the sale of ~13 mln shares worth ~$314180K (transaction dates 4/1-4/2))
  • INO -3.1% (entered into $150 mln at-the-market equity offering sales agreement)
  • BCLI -2.6% (new COO)
  • AAT -2.3% (elected to withdraw its 2020 guidance)
  • TZOO -1.4% (Michael Peterson resigned from his position as Chief Technology Officer)

Analyst comments:

  • ZM -8.6% (downgraded to Underperform from Neutral at Credit Suisse)