>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:
  • SPWH -24%, VRNT -16.3%, CURV -15.9%, YEXT -12.2%, CHPT -10.6%, BB -10.5% (guides AugQ revs below consensus), AI -9.7%, PHR -8.1%, ABM -5%, PLAY -2.4% (also increases share buyback authorization by $100 mln), DBI -0.8%
Other news:
  • LZ -12.5% (prices secondary offering of 14 mln shares of common stock at $10.00 per share)
  • AMKR -12.5% (prices secondary offering of 10 mln shares of common stock at $24.00 per share by the Kim Family)
  • ROL -8% (prices secondary offering of 38724100 shares of its common stock at $35.00 per share)
  • SMTC -6.3% (files Form 12b-25 and will reschedule its Q2 earnings release and conference call)
  • BROS -6.2% (files mixed shelf securities offering; also files $300 mln stock offering)
  • TIGR -5.6% (announces clarification on recent Form 144 Filing regarding proposed sale of securities)
  • CRGY -4.6% (prices offering of 11 mln shares of common stock at $12.25 per share)
  • AEIS -4.5% (announces proposed offering of $500 mln convertible notes)
  • NTRA -4.3% (prices follow-on offering of 4.55 mln shares of common stock at $55.00 per share)
  • GRBK -3.2% (files mixed shelf securities offering; also files for stock offering by selling shareholders)
  • RDW -2.2% (files $400 mln mixed shelf securities offering)
  • PROF -2.1% (to issue and sell from time to time up to $30 mln of common shares in the capital of the Company)
  • PDS -2% (to acquire CWC Energy Services for total consideration of approximately $141 mln)
  • ALGN -1.9% (to acquire privately held direct 3d printing pioneer Cubicure for €79 mln; also introduces new vivera retainer)
  • AAOI -1.2% (CEO bought 5964 shares)
  • VSH -1% (files for $600 mln convertible note offering)
Analyst comments:
  • TROX -2.4% (downgraded to Neutral from Buy at UBS)
  • NCR -2.3% (downgraded to Neutral from Buy at Northcoast)