>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:
  • TNTR -21.9%, AOBC -17.2%, CHKE -16.1%, TNTR -13.9%, KR -6.2%, SAIC-5.9%, PAY -5%, PAY -5%, FIZZ -1.8%, SIGM -1.6%, TLRD -1.2%
Other news:
  • EFX -13.1% (announced cybersecurity incident potentially impacting approximately 143 million U.S. consumers; no evidence of unauthorized access to core consumer or commercial credit reporting databases)
  • LAND -4% (commences common stock offering; size not disclosed)
  • INCY -2.5% (proposes public offering of 4,945,000 shares of common stock)
  • NOK -2.1% (Euronext announces annual review results on the CAC family indices -- to include STMicroelectronics in the CAC 40, exclude Nokia (NOK))
  • TRTN -1.4% (to offer 5.35 mln common shares to be sold by the Company at a price of $32.75/share)
  • KTOS -0.6% (prices 14 mln shares of common stock at $12.25 per share)
  • AYX -0.5% (prices follow-on offering of 8 mln shares of common stock by selling shareholders at $21.25 per share)
Analyst comments:
  • CMG -2.1% (downgraded to Underperform from Market Perform at Cowen)
  • CTLT -1.3% (downgraded to Sector Weight from Overweight at KeyBanc Capital Mkts)
  • HDS -1% (downgraded to Neutral from Outperform at Credit Suisse)
  • PEP -0.5% (downgraded to Neutral from Outperform at Credit Suisse)