>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • SCHL -9.9%, SCS -7.3%, AIR -3.3%, X -3% (guides Q4 EPS and EBITDA below consensus), FDX -3%, CNC -3% (guidance) BB -2.2%, DRI -2.1%

Other news:

  • MESO -29.3% (provides update on COVID-19 ARDS trial)
  • GLSI -11.4% (priced $26.4 mln upsized public offering of common stock)
  • EGLE -8.2% (stock offering)
  • CKPT -5.8% (launched $100 mln at-the-market offering)
  • ASUR -2.9% (stock offering)
  • PRSP -2.6% (awarded $800 mln Navy contract)
  • INN -2.1% (new CEO)
  • UPS -1.4% (in sympathy with FDX earnings report)
  • MRNA -1.4% (confirms receipt of FDA Advisory Committee vote supporting EUA for mRNA-1273)
  • PRAH -1.1% (PRAH enhances COVID-19 monitoring program via collaboration with FLGT and PWNHealth)

Analyst comments:

  • PLTR -3% (downgraded to Underperform from Neutral at Credit Suisse)
  • CAMP -2.8% (downgraded to Underweight from Neutral at JP Morgan)
  • CLB -1.9% (downgraded to Underweight from Neutral at JP Morgan)
  • DISCA -1.9% (downgraded to Underperform from Buy at BofA Securities)
  • VIAC -1.6% (downgraded to Underperform from Neutral at BofA Securities)
  • AEG -1.3% (downgraded to Neutral from Outperform at Credit Suisse)
  • XRAY -1.1% (downgraded to Hold from Buy at Stifel)
  • MBT -1% (downgraded to Neutral from Buy at New Street)
  • DX -0.9% (downgraded to Mkt Perform from Outperform at Keefe Bruyette)
  • IHRT -0.8% (downgraded to Underperform from Neutral at BofA Securities)
  • SAFM -0.6% (downgraded to Neutral from Buy at Goldman)