Gapping down
Select metals and mining related names showing early weakness:
- GFI -2.2%, AG -2.1%, GDX -1.5%, GLD -1.2%, GOLD -1.2%, NEM -1.2%, IAG -0.8%, SLV -0.7%
Other news
- ATXI -48.9% (receives FDA Complete Response Letter for IV Tramadol)
- RIDE -11.8% (announced several changes to its executive mgmt team as company transitions out of R&D phase and into commercial production; also responds to Hindenburg report)
- NKLA -1.9% (entered into a purchase agreement and a registration rights agreement with Tumim Stone Capital on June 11 - Tumim has committed to purchase up to $300 million of common stock)
- HTBX -1% (files for 403,025 share common stock offering related to warrants
Analyst comments:
- RACE -3.4% (double-downgraded to Sell from Buy at Goldman)
- PGRE -1% (downgraded to Underperform from In-line at Evercore ISI)
- CRH -0.8% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
- KMI -0.6% (downgraded to Sell from Neutral at Goldman)
- DEO -0.5% (downgraded to Mkt Perform from Outperform at Bernstein)