>>> US Gapping down


Gapping down
In reaction to disappointing earnings/guidance
:

  • SCS -10.1%, HTHT -3%, M -2.3%, CPRI -2.1%, GIS -1.9%

Select gaming stocks trading lower following Macau data:

  • MGM -2.4%, LVS -2.3%, WYNN -1.9%

Select travel related names showing early weakness:

  • RCL -3%, NCLH -2.7%, CCL -2.3%, AAL -2%, JBLU -1.8%, JETS -1.5%, LUV -1.5%, DAL -1.2%, UAL -0.9%

Other news:

  • CHMA -14.5% (stock offering)
  • DENN -11.5% (announces 8 mln share offering)
  • TA -7.1% (prices offering of 6,100,000 shares of its common stock at $14.00 per share)
  • XLRN -2.9% (prices offering of 4,864,864 shares of common stock at $92.50 per share)
  • CRSP -2.7% (prices offering of 6,428,572 common shares at $70.00 per share)

Analyst comments:

  • OCX -3.7% (downgraded to Neutral from Overweight at Piper Sandler)
  • GSX -2.1% (downgraded to Neutral from Buy at Goldman)
  • CWEN -0.7% (downgraded to Neutral from Buy at Goldman)