>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • VIPS -2.3% (lowers Q4 revenue guidance)

Other news:

  • KNSA -18.3% (Phase 3 portion of the Phase 2/3 trial of mavrilimumab in COVID-19-related acute respiratory syndrome did not meet the primary efficacy endpoint )
  • BTCM -3.6% (appoints Bo Yu as Chairman)
  • RRD -1.6% (recently identified a systems intrusion)
  • MRNA -1% (announces revised supply agreement with S Korea for 20 mln doses)
  • VXX -1% (trading lower with US futures in record territroy)

Analyst comments:

  • INNV -3% (downgraded to Neutral from Buy at Goldman)