Gapping down
In reaction to earnings/guidance:
- ASX -1.2%
Other news:
- T -22.8% (AT&T and Discovery close WarnerMedia transaction)
- NIO -9% (has suspended production amid supply chain issues)
- XPEV -7.5% (in sympathy with NIO)
- LI -6.2% (in sympathy with NIO)
- ZH -3.9% (files for ordinary share offering, no amount given)
- CRGY -3.5% (files for $75 mln common stock offering)
- NVDA -3.4% (asks stockholders to approve a Charter amendment to increase the number of authorized shares from 4 bln to 8 bln shares)
- ADAP -1.8% (files for $400 mln mixed securities shelf offering)
- TWTR -1.7% (Elon Musk has decided against joining TWTR's Board of Directors)
- ALLT -1.5% (files for 12,785,917 share offering by selling shareholder)
- AAPL -1.3% (EU to send another antitrust charge to Apple related to case that Spotify (SPOT) brought to their attention over music streaming rights, according to Reuters)
Analyst comments:
- BCRX -5.7% (downgraded to Neutral from Buy at BofA Securities)
- CCCC -3.7% (downgraded to Neutral from Buy at BofA Securities)
- COMM -2.2% (downgraded to Underperform from Mkt Perform at Raymond James)