>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:
  • TGT -17.5%, POWL -13.5%, ZTO -4.1%, SR -3%, NIO -2.6%, XP -2.3% (also authorizes new R$1 bln share repurchase program), SQM -1.6%, DAL -0.8% (guidance)
Select TGT peers and related names showing early weakness:
  • DG -3.7%, PSMT -3.3%, DLTR -3%, RTH -1.9%, KSS -1.8%, BJ -1.7%, OLLI -1.2%, M -1.1%, WMT -0.9%, COST -0.7%
Other news:
  • NAMS -15.5% (topline data from the Company's Phase 3 TANDEM clinical trial)
  • SVM -14.1% ($130 mln convertible notes offering)
  • QDEL -6.6% (prices secondary offering of 8,260,183 shares of the Company's common stock by Carlyle Group)
  • SAGE -4.7% (announced topline results from the Phase 2 DIMENSION Study of dalzanemdor (SAGE-718); does not plan further development of dalzanemdor)
  • EXK -4.3% (announces $73 million bought deal financing)
  • ATOS -3.9% (entered into $100 mln Open Market Sale Agreement)
  • BLX -2.6% (CFO to step down)
  • CDE -2.4% (CMC Metals options the Silverknife Property to Coeur Mining)
  • VERI -2.4% (entered into $35 mln sales agreement)
  • DTM -1.7% (DTM to acquire 3 nat gas pipelines from OKE for $1.2 bln; also files mixed shelf securities offering)
  • CAN -1.3% (Announces the Execution of a Securities Purchase Agreement; Canaan Secures Follow-On Order from HIVE (HIVE) for 5,000 Avalon A15-194T Miners; also Expands its Self-mining Footprint in Texas and Pennsylvania)
  • OMCL -1% (prices $150.0 mln of 1.00% Convertible Senior Notes due 2029)
  • SID -1% (Comp Siderurgica and InterCement reached a new agreement to extend until December 16 the exclusivity rights with respect to a potential acquisition of shares representing 100% of InterCement's capital stock)