>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:
  • EL -3.1%
Other news:
  • LQDA -38.8% (receives tentative approval from FDA for YUTREPIA Inhalation Powder)
  • RILY -13% (receives unsolicited preliminary proposal to be taken private at $7.00/share)
  • VCEL -1.9% (files mixed shelf securities offering)
  • CSIQ -1.7% (enters into definitive agreement with PAG pursuant to which PAG will subscribe for $200 million in aggregate principal amount of convertible notes to be issued by the company)
  • KEN -1.3% (announces entry into agreements for equity investment in its U.S. renewable energy business; also announces commencement of construction of CPV Group wind project)
Analyst comments:
  • BROS -3% (downgraded to Neutral from Overweight at Piper Sandler)
  • SHAK -3% (downgraded to Neutral from Overweight at Piper Sandler)
  • HPQ -2.1% (downgraded to Equal-Weight from Overweight at Morgan Stanley)