>>> US Gapping down

Gapping down

News:

  • VRAY -12.9% (prices offering of 10.31 mln shares of common stock at $4.85 per share)
  • SRAC -11.9% (Momentus (merging with SRAC) reaffirms 2021 revs, but will delay January launch until further into 2021)
  • DPW -7.4% (Non-compliance notice from NYSE)
  • AHCO -5% (commences public offering of 8 mln shares of Class A Common Stock by co and selling shareholders)
  • GBIO -4.4% (stock offering)
  • NGM -4% (stock offering)
  • SBTX -3.9% (EcoR1 Capital discloses 7.3% stake)
  • PRLD -3.6% (stock offering)
  • FATE -2.2% (stock offering)
  • SIVB -1.9% (SIVB to acquire BPFH)
  • TRGP -1.6% (names new Chairman)

Analyst comments:

  • EGHT -4.6% (downgraded to Underweight from Equal Weight at Wells Fargo)
  • FSLR -4.5% (downgraded to Sell from Buy at Goldman)
  • CSIQ -3.1% (downgraded to Neutral from Buy at Goldman)
  • LESL -2.3% (downgraded to Hold from Buy at Loop Capital)
  • CREE -1.9% (downgraded to Neutral from Overweight at JP Morgan)
  • NTRS -1.6% (downgraded to Sell from Neutral at Goldman)
  • OKTA -1.5% (downgraded to Neutral from Overweight at Piper Sandler)
  • RPD -1.5% (downgraded to Neutral from Overweight at Piper Sandler)
  • BGS -1.4% (downgraded to Underperform from Neutral at Credit Suisse)
  • CAG -1.4% (downgraded to Underperform from Neutral at Credit Suisse)
  • DVA -1.2% (downgraded to Neutral from Buy at BofA Securities)
  • STT -1.2% (downgraded to Neutral from Buy at Goldman)
  • HSBC -0.9% (downgraded to Hold from Buy at Investec)