>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • ALV -4.3%, CNXN -3.7%, WRB -3%, OCFC -2.7%, GBCI -0.9%, XM -0.9%, KNX -0.7%

Other news:

  • BHP -3.5% (provides nine-month operations update)
  • BAM -1.8% (exploring possible counterbid for Network Intl according to WSJ)
  • PKE -1.8% (enters into cooperation agreement with activist firm)
  • PFG -1.5% (reports March AUM)
  • SSL -1.5% (provides quarterly update and provides outlook)
  • NAVI -0.7% (files mixed shelf securities offering)

Analyst comments:

  • BIG -6.4% (downgraded to Underweight from Neutral at Piper Sandler)
  • OSTK -3.2% (downgraded to Neutral from Overweight at Piper Sandler)