>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:
  • EFX -8.4%, TSLA -7%, WNS -6.8%, ZION -4.9%, CCI -4.7% (also CFO to depart), NOK -4.1%, BX -4.1%, PKX -3.8%, TCBI -3.5%, SLG -3.4%, GPC -3.1%, BKU -3%, LRCX -2.9%, DFS -2.7%, POOL -2%, ENOV -1.4% (guidance), STLD -1.2%, MRTN -0.9%, WSO -0.9%
Other news:
  • SMTC -8.2% (intends to offer $250 mln in aggregate principal amount of convertible senior notes due 2028)
  • ROL -4.2% (trading lower following Rentokil (RTOKY) guidance)
  • CLCO -3.1% (sale and leaseback financing arrangement)
  • STLA -2.9% (STLA discloses 15.1% stake in ACHR)
  • HP -2.8% (supplemental shareholder return plan and planned cap-ex)
  • MOBV -2.3% (reports that as of September 30 2023 the trust value was $61120249.39)
  • JOUT -2% (is exiting its Eureka product lines)
  • DVN -1.4% (DVN mulling M&A activity with MRO and CrownRock according to Bloomberg)
  • THG -1.4% (reports Q3 catastrophe losses)
  • RARE -1.1% (prices offering of 8333334 shares of its common stock at $30.00 per share)
  • WHD -1.1% (announces leadership changes)
Analyst comments:
  • FL -6.7% (downgraded to Sell from Neutral at Goldman)
  • MCRI -3.9% (downgraded to Hold from Buy at Truist)
  • BBCP -2.3% (downgraded to Neutral from Overweight at JP Morgan)
  • DHT -1.6% (downgraded to Hold from Buy at Stifel)
  • FTNT -1.3% (downgraded to Hold from Buy at Jefferies)