>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:
  • BNTX -4%, THS -3.4%, AMR -2.5%, SHO -1.4%, AXSM -1.1%, CNA -0.9%, SAVE -0.8%
Other news:
  • GLYC -76.8% (announces results of pivotal phase 3 Study of uproleselan in relapsed/refractory (R/R)
  • AML; did not achieve a statistically significant improvement)
  • EYPT -32.9% (topline data from the phase 2 pavia trial of Duravyu in non-proliferative diabetic retinopathy)
  • MPW -15.8% (Steward Health Care finalizing financing deal with Medical Properties Trust to support its restructuring)
  • LAZR -7.7% (files mixed securities shelf offering; confirmed after the close a restructuring plan)
  • ADCT -4.7% (Announces Initial Data from Investigator-Initiated Phase 2 Clinical Trial of ZYNLONTA in Patients with Relapsed/Refractory Marginal Zone Lymphoma; agreed to sell, by way of an underwritten offering, 13,411,912 of its common shares at a price of $4.90/share)
  • MTH -3.1% (commenced an offering of $500 mln aggregate principal amount of its Convertible Senior Notes due 2028)
  • SO -2.5% (offering of $1.1 billion in aggregate principal amount of Convertible Senior Notes due June 15, 2027)
  • PAC -2.3% (reports April traffic)
  • BMRN -2.3% (reports New Data for BioMarin's VOXZOGO (vosoritide) for Multiple Growth-Related Conditions in Children Presented at Pediatric Endocrine Society (PES) Annual Meeting)
  • ADTN -1.7% (to take a $293 mln goodwill impairment charge in Q1)