>>> US Gapping down

Gapping down

In reaction to earnings/guidance:

  • JWN -7.3% (FY22 guidance), CNXC -4.9%, ERIC -4.2%, SWIM -3.1% (FY22 guidance), FFIN -1.6%

Other news:

  • BBBY -7.9% (receives notice from NASDAQ regarding delayed quarterly report)
  • AUTL -5.3% (announces two changes to the company's Board of Directors)
  • KSS -4% (entered into a $1.5 bln credit agreement)
  • TMUS -1.9% (continuing investigation on data breach)
  • LLY -1.8% (receives Complete Response Letter for accelerated approval of Donanemab)
  • OPNT -1.5% (announces FDA acceptance of NDA for OPNT003)
  • AKTS -1.4% (prices offering of 10909091 shares of common stock at $2.75 per share)
  • LXU -1.2% (provides update on its Cherokee AL facility)
  • SPT -1.1% (acquires Respustate)

Analyst comments:

  • DOMO -2.9% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
  • BIGC -2.5% (downgraded to Sector Weight from Overweight at KeyBanc Capital Markets)
  • CRM -1.3% (downgraded to Market Perform from Outperform at Cowen)
  • PINS -1.2% (downgraded to Neutral from Buy at MKM Partners)