>>> US Gapping down


Gapping down

Select Travel related names showing early weakness:

  • CCL -2.3%, RCL -2.1%, NCLH -1.7%, UAL -1.6%, AAL -1.6%, LUV -1.6%, SAVE -1.6%, JETS -1.6%, DAL -1.3%, JBLU -1.2%

Other news:

  • NVAX -1.8% (expands manufacturing agreement with SK bioscience)
  • VXX -1% (volatility weak in early trade)
  • FSR -0.7% (files for $2 bln mixed securities shelf offering)

Analyst comments:

  • INNV -3% (downgraded to Equal Weight from Overweight at Barclays)