Gapping down
Select Index ETFs showing weakness:
- IWM -0.8%, QQQ -0.8%, SPY -0.6%, DIA -0.5%
News:
- NIU -6.4% (reports Q2 sales volume declined 17.4% yr/yr)
- CVM -6.1% (files for $150 mln mixed securities shelf offering)
- SRRK -3.2% (to Present Phase 3 SAPPHIRE Trial Design at the 17th International Congress on Neuromuscular Disease)
- PHG -2.8% (completes cancellation of 8.8 million shares)
- DWAC -2% (SEC filing that it has been subpoenaed in federal criminal probe)
- CME -2% (reports Q2 and June 2022 market statistics)
- ATAI -1.9% (files for $300 mln mixed securities shelf offering)
- CHPT -1.6% (files for $1 bln mixed securities shelf offering)
- TSLA -1% (reports Q2 production of 258,580 vehicles)
Analyst comments:
- AEG -6.5% (downgraded to Underperform from Neutral at Exane BNP Paribas)
