>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:
  • NIU -3.9%, CARR -2.2%, TH -2.1%, JPM -0.9% (guidance)
Select Index ETFs showing early weakness following Moody's downgrade of US debt:
  • QQQ -1.4%, IWM -1.3%, SPY -1%, DIA -0.6%,
Other news:
  • RKLB -4.8% (launches third mission for iQPS in multi-launch contract)
  • RILY -3.3% (CFO to depart to pursue another opportunity; names Scott Yessner as CFO)
  • CRWV -3.3% (announces intention to offer $1.50 bln aggregate principal amount of senior notes due 2030 in a private offering)
  • MET -3.1% (files mixed securities shelf offering)
  • TITN -2.7% (completes acquisition of the dealership assets of Farmers Implement & Irrigation)
  • RPRX -2.6% (completes the acquisition of its external manager, RP Management)
  • ZG -2.5% (fully settles $419 mln of convertible notes, co is now debt-free other than credit facility borrowings)
  • FLR -1.4% (announces that Bayer's Cell Therapy Launch Facility in Berkeley, California, has been designated the first industrial manufacturing facility in the Western United States to achieve Leadership in Energy and Environmental Design (LEED) v4 Platinum Certification)
  • TRMD -1.3% (announces capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program)
  • WEAV -0.9% (files mixed securities shelf offering)
  • SIG -0.9% (estimates that $30-45 mln of restructuring costs)
  • COF -0.9% (completes Discover (DFS) acquisition)