>>> US Gapping Down

Gapping down
In reaction to earnings/guidance
:
  • NSSC -35.7%, RNW -3.4%
Other news:
  • NKLA -11.2% (entered into $325 mln senior convertible notes Securities Purchase Agreement with investors)
  • LQDA -8.2% (United Therapeutics (UTHR) was issued patent number 11,723,887, the claims of which generally cover the manufacture of treprostinil salts on Aug 15)
  • FOA -4.4% (files for 33,893,666 shares of common stock by selling shareholders)
  • PR -2.6% (Permian Resources (PR) to acquire Earthstone Energy in all-stock transaction)
  • MPW -2.6% (updates capital allocation strategy to further enhance long-term value creation)
  • IDYA -1.3% (announces clearance of IND application for Pol Theta Helicase development candidate GSK101)
  • AVA -1.1% (discloses severe windstorm updates)
Analyst comments:
  • AMR -0.7% (downgraded to Market Perform from Outperform at TD Cowen)