>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • PATH -13.4%, UNFI -8.9%, CMTL -6.6%, CPB -6.6%, BEST -3.1%, BF.B -2.4%, CASY -0.8%

Other news:

  • ONDS -14.7% (prices offering of 6.4 mln shares of common stock at $7.00 per share)
  • CVM -12.1% (prices offering of 1.4 mln shares of common stock at $22.62 per share)
  • EYES -5.8% (files for $250 mln mixed securities shelf offering)
  • LFMD -4.1% (files for $150 mln mixed securities shelf offering)
  • OPCH -3.9% (prices secondary offering of 15 mln shares of common stock at $20.00 per share)
  • MNMD -3.8% (co-founder/CEO J.R. Rahn is stepping down as CEO and a director)
  • RIDE -3.7% (after disclosing its 10-Q was prepared assuming the Company will continue as a going concern)
  • ACRS -3.5% (stock offering)
  • CLVT -3.4% (commences offerings of ordinary shares and convertible preferred shares)
  • ITI -2.2% (files for $100 mln mixed securities shelf offering)
  • SPNE -1.7% (announces limited commercial launch of 3D-printed WaveForm L)
  • THCB -1.6% (Microvast announces partnership with Gaussin)
  • RACE -1.3% (appoints Benedetto Vigna as CEO)
  • OUST -1.2% (to be the exclusive lidar supplier for PARIFEX's ETU Project)

Analyst comments:

  • NEXA -2.8% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
  • DISH -2.4% (downgraded to Underweight from Neutral at JP Morgan)
  • BAP -1% (downgraded to Equal-Weight from Overweight at Morgan Stanley)