>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:
  • NUS -23.4% (also lowers dividend), OTLY -22.9%, HLF -21%, FSLY -20.7%, AUPH -20.1%, WST -15.7%, UDMY -13.6% (also authorizes new $100 mln share repurchase program), YETI -12.4%, TWLO -11.2%, NRDS -9.4%, MTW -8.8%, ZCAR -8.6%, SPTN -7.2%, HCC -6.6%, ADPT -6.3%, PBF -6.2%, ROL -6%, GPC -5.6%, PENN -4.4%, CSCO -4.3% (also announces restructuring plan; will impact 5% of workforce; also increases dividend), TYL -4.3%, ARCH -4.3%, ALB -4%, IRWD -3.7%, DE -2.8%, TRGP -2.6%, VECO -2.3%, VTR -1.8%, WEN -1.6%, NMIH -1.1%, QS -1% (also names new CEO), CGNX -0.9%, HOUS -0.9%
Other news:
  • AGYS -5.8% (prices secondary offering of 867729 shares of its common stock by certain investment funds resulting in gross proceeds to the selling stockholders of $72.7 mln)
  • PRME -4.6% (prices upsized offering of common stock and warrants)
  • HHH -1.8% (Bill Ackmann increases stake)
  • BHP -1.8% (will recognize a non-cash impairment charge of approximately $2.5 billion (post tax) (approximately $3.5 billion pre-tax) against the carrying value of Western Australia Nickel)
  • IWR -1.3% (Starboard Value discloses increased position)
  • GOOG -1.2% (OpenAI to develop web search product to challenge GOOG according to The Information)
  • DHI -1.2% (Berkshire Hathaway exits position)
  • BVN -0.9% (Q4 production and volume results)
Analyst comments:
  • CLF -1.7% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
  • KEYS -1.2% (downgraded to Neutral from Overweight at JP Morgan)
  • GNRC -0.7% (downgraded to Neutral from Buy at Guggenheim)