>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • TPX -8.3%, UIS -4.5%, HLX -4%, ETRN -2.4%, CFX -0.9%, HD -0.3%

Other news:

  • FIXX -32.1% (provides update on pheNIX gene therapy trial of HMI-102 in adults with PKU; trial placed on clinical hold)
  • KPTI -24.6% (announces departure of Jatin Shah, M.D., as Chief Medical Officer)
  • RSX -12.8% (tensions escalate in Russia/Ukraine)
  • ADGI -8.1% (announced a Chief Executive Officer succession plan; outlines strategic initiatives for ADG20 program)
  • VWE -3.9% (announces voluntary delisting from TSX, effective at the close on March 7)
  • VIVO -2.2% (appoints Andy Kitzmiller as CFO)
  • RNG -2% (RingCentral and Zoom (ZM) settle litigation)
  • ZM -1.4% (RingCentral and Zoom (ZM) settle litigation)
  • CARR -1.1% (updates its medium term outlook)

Analyst comments:

  • CRNC -5.4% (downgraded to Neutral from Buy at Goldman)
  • DKNG -5.1% (downgraded to Equal Weight from Overweight at Wells Fargo)
  • GT -2.9% (downgraded to Hold from Buy at Williams Trading)
  • CE -1.9% (downgraded to Underweight from Neutral at Piper Sandler)