>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • HELE -6.7%, USNA -5.9% (guides Q2 EPS and revs below consensus; lowers its FY22 outlook), SLP -0.5%

Other news:

  • CTMX -29.4% (Phase 2 results for praluzatamab ravtansine)
  • NAPA -6% (files mixed securities shelf offering; also selling stockholder to offer 5 mln shares)
  • CWT -4.3% (receives approval from commission to acquire assets of HOH Utilities)
  • OIS -3.6% (stock offering)
  • CRNT -2.3% (Aviat Networks (AVNW) Calls Out Ceragon Networks' Failure to Respond to Acquisition Proposal and Request for Extraordinary Meeting of Shareholders)
  • AVNW -1.9% (Aviat Networks (AVNW) Calls Out Ceragon Networks' Failure to Respond to Acquisition Proposal and Request for Extraordinary Meeting of Shareholders)

Analyst comments:

  • AZPN -0.8% (downgraded to Neutral from Outperform at Robert Baird)