>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • NLS -15.2%, API -13.1%, AAN -8.6%, REAL -8.1%, EPZM -7.4%, TTCF -6%, GDOT -5.5%, BIGC -4.6%, LDOS -3.7%, FRPT -2.6% (also announces stock offering), TREX -2.5%, HD -2.3%, TRI -2.3%, OXY -2%, SPR -2%, JBT -1.8%, VNOM -1.5%, BWXT -1.5%, ETRN -1.4%, OKE -1.3%, PANW -1.1%, O -1.1%, DDS -1%

Other news:

  • CCIV -33.9% (CCIV and Lucid Motors announce merger agreement at PIPE offer price of $15/sh)
  • PAVM -17.3% (stock offering)
  • DPW -14% (equity raising update) 
  • XENE -12.8% (to present new preclinical data of XEN1101 program)
  • SHOP -6.5% (prices offering of 1,180,000 Class A subordinate voting shares at $1,315 per share)
  • CCL -4% (prices offering of 40,450,619 shares of common stock at $25.10 per share)
  • MRNA -3.4% (releases testimony ahead of hearing on Tues)
  • GNMK -3.1% (ePlex RP2 Panel predicted to detect known SARS-CoV-2 variants)
  • EXPR -2.8% (files for 25 mln share common stock offering)
  • VMAR -2.8% (has acquired MAC Engineering's intellectual property relating to marine outboard electronic systems)
  • DBX -2.4% (convertible notes offering)
  • FREQ -2.1% (announces publication of Phase 1/2 study results for FX-322)
  • TGTX -1.8% (announces publication of final results from Phase 3 GENUINE trial)
  • TSN -1.1% ( announces organizational changes; names Donnie King as COO)

Analyst comments

  • ICPT -7.9% (downgraded to Sell at H.C. Wainwright)
  • JE -4% (downgraded to Underperform from Sector Perform at National Bank Financial)
  • GLOG -2.2% (downgraded to Hold from Buy at Jefferies)
  • KR -2.2% (downgraded to Underperform from Neutral at BofA Securities)
  • DISH -1.4% (downgraded to Hold from Buy at Pivotal Research Group)
  • CCEP -1% (downgraded to Sell from Hold at Societe Generale)