>>> US Gapping down

Gapping down
In reaction to earnings/guidance:

BKKT -39.5% (also to sell Loyalty business; also prices offering consisting of common stock at warrants), FULC -23.2%, NEO -17.6%, WHR -17% (also board recommends reduction in quarterly dividend), XPER -14.9%, XPER -14.9%, NVO -14.2%, HLIT -14.1%, EXEL -11%, KFRC -7.3%, SWK -6.8%, RCL -5.7%, GBFH -5.4%, NOV -5.3%, NUE -4.9%, UPS -4.9%, AUDC -4.8%, CARR -4.7%, SPOT -3.8%, CURB -3.7%, UNH -3.7%, MTSR -3.6%, STLA -3.5%, MRK -3.5%, SANM -3.4%, PYPL -3%, NEOG -2.6%, NSC -2.6%, WU -2.1%, WWD -2.1%, BRO -1.5%, JCI -1.4%, UFPI -1.2% (also authorizes new $350 mln share repurchase program), VLTO -1%, DTE -1%

Other news:

FULC -22.3% (reports positive results from the 12 mg dose cohort of the Phase 1b PIONEER trial of pociredir in sickle cell disease)
MRT -10.4% (will initiate a corporate treasury strategy that incorporates the acquisition of certain crypto assets as part of a diversified approach to managing cash reserves)
BMNR -7.4% (announces that its Board of Directors has approved a stock repurchase program to acquire up to $1 bln of the company's outstanding common stock)
VRSN -6.5% (prices secondary offering by by affiliates of Berkshire Hathaway (BRK.A, BRK.B) of 4.3 mln shares of common stock at $285.00 per share)
CELC -4.8% (concurrent offerings of $150 mln of convertible notes and $75 mln of common stock)
MRK -3.5% (premiums for Medicare part D plans expected to increase, according to WSJ)
NSC -2.7% (Union Pacific (UNP) will acquire NSC in a stock and cash transaction, implying a value for Norfolk Southern of $320/share)
BKR -1.1% (Flowserve (FLS) terminates merger with Chart Industries, will receive $266 mln breakup fee after Baker Hughes' (BKR) superior bid)

Analyst comments: