Gapping down
Select ETFs showing early weakness:
- XLC -1.5%, VXX -1.2%, XLI -0.6%, XLF -0.5%, IWM -0.4%
Other news:
- NKLA -19.3% (files prospectus for issuance of up to 23,890,000 shares of common stock issuable upon exercise of warrants and for the offering and sale of up to 53,390,000 shares of common stock by selling securityholders)
Analyst comments:
- ACRX -8.7% (downgraded to Underperform from Neutral at Credit Suisse)
- URBN -3.3% (downgraded to Sell from Hold at Loop Capital)
- BTI -2.3% (downgraded to Hold from Buy at Jefferies)
- GDS -1.8% (downgraded to Sell from Hold at Deutsche Bank)
- ALGN -1.6% (downgraded to Underperform from Neutral at BofA Securities)