>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:
  • ZUMZ -8.6%, RH -7.2%, PL -4.9%
Other news:
  • KRT -14.9% (prices secondary offering of 1.0 mln shares of common stock at $21.00 per share)
  • HPP -10.7% (suspends dividend)
  • IHS -1.5% (issues statement regarding renewals in Nigeria)
  • MTA -1% (Metalla Royalty & Streaming and Nova Royalty Corp. (NOVRF) to combine; Beedie Capital also agrees to subscribe for C$15 mln in equity placement to MTA)
Analyst comments:
  • DOCN -5.6% (downgraded to Underperform from Buy at BofA Securities)
  • VIR -2.9% (downgraded to Neutral from Buy at BofA Securities)
  • ABM -2.4% (downgraded to Hold from Buy at Deutsche Bank)