>>> US Gapping down

Gapping down
In reaction to earnings/guidance:
  • TIXT -23.8%, PCOR -23.4%, INTC -21.8% (also suspends dividend; announces $10 bln cost reduction plan, including headcount reduction greater than 15%), XPOF -18.7%, SNAP -17.6%, TPC -13.5%, TEAM -12.5%, LXRX -12.4%, AL -12%, GTLS -10%, FOXF -9.1%, CTOS -9%, OPEN -8.9%, BECN -8.4%, AMZN -8.4%, PRLB -7.6%, HR -7.3%, MCHP -6.4% (also increases dividend), BKNG -6.1%, TWST -5.7%, X -5.3%, VREX -4.7%, LMAT -4.7%, WSC -4.5%, OEC -4.5%, HCC -4.4%, CWST -4.2% (also acquires two solid waste businesses), MTD -4%, CHD -4%, IRTC -3.8% (also CFO to step down, names new CFO), OLED -3.7%, ALHC -3.5%, HASI -3.5%, CC -3.4%, CRSR -3.4%, DKNG -3.2% (also authorizes new $1 bln share repurchase program), SPT -3.1%, BIO -3%, MARA -3%, SEM -3% (also authorizes new $1 bln share repurchase program), FYBR -3%, TROX -2.9%, RMD -2.6% (also increases dividend), BZH -2.2%, TU -2.2%, RKT -2.1%, NXT -1.9%, CE -1.9%, RYAN -1.9% (also to acquire US Assure Services of Florida), ASUR -1.9%, ADPT -1.8%, MP -1.6%, SWN -1.6%, ESAB -1.6%, SPXC -1.5%, FND -1.5%, LIN -1.5%, PAA -1.5%, BBAI -1.4%, DRQ -1.3%, AES -1.3%, BEP -1.3%, POST -1.2%, HTGC -1.2%, LEG -1.1%, PRU -1%, NWN -1%
Other news:
  • LZM -11.9% (files $250 mln stock offering, relates to warrants; also files for offering by selling shareholders)
  • GLPG -3.6% (expands collaboration and licensing agreement with BridGene)
  • ABNB -3% (in sympathy with BKNG earnings)
  • EXPE -2.9% (in sympathy with BKNG earnings)
  • PINS -2.1% (in sympathy with weak SNAP earnings)
  • GOOG -1.7% (in sympathy with weak SNAP earnings)
  • CZR -1.5% (to sell its IP rights for the World Series of Poker brand to NSUS Group)
  • APTV -1.5% (files mixed shelf securities offering)
  • BAC -1.5% (10% owner Berkshire Hathaway's (BRK.A) Warren Buffett sold 19,216,833 shares worth approx. $778.7 mln)
  • ETN -1.4% (files mixed shelf securities offering)
  • BANC -1.4% (Warburg Pincus amends 13D disclosing 9.88% active stake)
  • COR -1.3% (WBA sells $1.1 bln of COR shares)
  • SGH -1.3% (pricing of upsized private offering of $175.0 million convertible notes due 2030)
  • ZYME -1.1% (authorizes new $60 mln share repurchase program)
  • WOR -1.1% (AWI/WOR JV acquires assets of Data Center Resources)