>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:
  • LGTY -15.2%, INTU -3.3%, GB -3.2%
Other news:
  • STEL -12.1% (increases dividend)
  • CATO -7.1% (suspends quarterly dividend)
  • BTDR -5.6% (proposed private placement of $360 mln convertible notes)
  • ABL -5.2% (prices offering by co and selling shareholders of 12.5 mln shares of common stock at $8.00 per share) SAN -4.6% (Spanish House approves extension of bank windfall profit tax, according to Reuters)
  • HCM -2.3% (HUTCHMED Announces Launch by Takeda (TAK) of FRUZAQLA (fruquintinib) in Japan)
  • MLI -1.3% (to move to S&P MidCap 400 from S&P SmallCap 600)
  • EMN -1.3% (highlighted circular economy growth and innovation at Circular Economy Deep Dive Event)