>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • GSX -15.9%, POST -5.9%, BEST -3.7% (also announces new strategic plan to focus on core businesses), WDAY -3.4%, EAR -2.1%, .

Other news:

  • NNDM -27.6% (prices offering of 25 mln ADS's at $4.00 per ADS)
  • AVRO -6.9% (prices offering of 15 mln shares of common stock at $15.00 per share)
  • STOK -1.3% (prices offering of 2.5 mln shares of common stock at $39.00 per share)
  • GILD -1% (WHO recommends against the use of remdesivir in COVID-19 patients)

Analyst comments:

  • PCAR -2.4% (downgraded to Underperform from Buy at BofA Securities)
  • HOLX -2.2% (downgraded to Hold from Buy at Needham)
  • BK -1.3% (downgraded to Underperform from Neutral at BofA Securities)
  • SHAK -1% (downgraded to Neutral from Outperform at Wedbush)
  • GOOS -0.8% (downgraded to Hold from Buy at HSBC Securities)
  • NUE -0.6% (downgraded to Sector Weight from Overweight at KeyBanc Capital Markets)
  • GWW -0.5% (downgraded to Mkt Perform from Outperform at William Blair)