>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:
  • SHOE -21.2%, COO -17.2% (also completes strategic review; increase buyback by $1 bln), FLWS -16.6%, LOVE -16.4%, AEO -14.4%, NAVN -14.3% (also acquires BoomPop), LMNR -9.6%, JBLU -3.7% (guidance), M -2.4%, TSM -0.7% (Aug sales)
Other news:
  • BHVN -17.1% (issued updates to the BHV-7000 program)
  • HGTY -9.1% (prices upsized 9.25M-share secondary offering at $11.95)
  • RWT -6.6% (launches $150 mln convertible senior notes due 2030 offering)
  • AXGN -5.6% (to acquire BioCircuit Technologies for $200 mln cash; prices 4.91 mln share common stock offering at $42.50/share)
  • TENB -5% (proposes $650 mln convertible senior notes offering due 2031)
  • LEU -4.3% (prices $500 mln stock and warrant offering)
  • GNLX -3.6% (publication of a case report from the ongoing Phase 1b dose escalation portion of its Phase 1b/2 OLVI-VEC-202-SCLC trial)
  • INDP -3.4% (entered into a Stock Purchase Agreement on Sept 8)
  • ENB -2.9% (to buy Tallgrass crude transportation business for $2.55 bln cash; launches C$2.6 bln bought-deal common share offering)
  • MPLT -1.7% (stock offering by selling shareholders)
  • PSQL -1.7% (ordinary share offering, relates to warrants; also ordinary share offering by selling securityholders)