>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:

  • SB -15%, YRD -6.5%, EGAN -5.3%, TSN -4.6%, HQY -3.6%, .

Other news:

  • AERI -3.7% (to offer $250 mln convertible senior notes due 2024)
  • RWT -3.2% (prices upsized offering of 12.5 mln shares of its common stock at a public offering price of $16.08 per share)
  • WMS -3% (launches underwritten public offering of 7.5 mln shares of common stock)
  • JBLU -2.9% (cuts Q3 RASM guidance )
  • ADUS -2.6% (commenced public offering of 2 mln shares of common stock; also funds affiliated with Eos Partners intend to offer 500,000 shares)
  • ZG -2.4% (proposed offerings of $500 mln of convertible senior notes due 2024 and $500 mln of convertible senior notes due 2026)
  • TPTX -1.9% (files for 4.5 mln share common stock offering; announces updated interim clinical data of repotrectinib and preclinical data for TPX-0046, a novel RET/SRC inhibitor)
  • QSR -1.4% (announces receipt of exchange notice, intent to use common shares to satisfy exchange and commencement of secondary offering of common shares)

Analyst comments:

  • N/A.