>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • RDW -16.9%, BLND -16%, DCT -11.4%, BB -4%, WEJO -3.2%, ASTS -1.4%

Other news:

  • SLS -22.5% (signs license agreement with GenFleet Therapeutics for GFH009; prices offering of 4629630 shares of its common stock and accompanying warrants to purchase up to 4629630 shares of common stock at a combined public offering price of $5.40 per share and accompanying warrant)
  • SPRO -19.5% (FDA identifies deficiencies in Spero's NDA for tebipenem)
  • ALE -5.6% (prices offering of 3.2 mln shares of common stock at $63.00 per share)
  • IIPR -3.6% (commences public offering of 1 mln shares)
  • ATCX -2.1% (stock offering)

Analyst comments:

  • AMLX -3.4% (downgraded to Neutral from Buy at Goldman)
  • W -2.5% (downgraded to Underweight from Equal Weight at Barclays)
  • COMM -2.3% (downgraded to Neutral from Buy at Goldman)
  • DELL -0.9% (downgraded to Neutral from Conviction Buy at Goldman)