>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • CRNC -26.1%, ZBH -6.5%, L -3.7%

Other news:

  • OBSV -4.2% (provides update on EU marketing authorization process for linzagolix)
  • AKTS -3.9% (files for $150 mln mixed securities shelf offering)
  • ULCC -3.9% (Spirit Airlines and Frontier Airlines (ULCC) to merge)
  • BCAB -1% (files mixed securities shelf offering)
  • LGV -0.6% (Longview Acquisition Corp. II and HeartFlow Holding mutually agree to terminate their previously announced business combination)

Analyst comments:

  • BLDP -4.4% (downgraded to Market Perform from Outperform at BMO Capital Markets)
  • FIGS -3.4% (downgraded to Market Perform from Outperform at Cowen)
  • NOV -2.3% (downgraded to Neutral from Overweight at JP Morgan)
  • APD -0.8% (downgraded to Neutral from Buy at BofA Securities)
  • CI -0.8% (downgraded to Sector Perform from Outperform at RBC Capital Mkts)