>>> US Gapping Down

Gapping down
In reaction to earnings/guidance
:

  • DY -10.5%, GSM -5%, BURL -3.5%, HRL -3.1%, A -2.8%, ENTA -2.7% (also provides clinical update), LX -1.6%, URBN -1.3%

Other news:

  • BLDP -3.6% (announces bought deal offering of $250 mln of common shares)
  • FULT -2.8% (acquires BenefitWorks)
  • BILL -2.2% (convertible notes offering)
  • CLGX -2.1% (CNNE and Senator Investment Group initiate process to replace CLGX directors)

Analyst comments:

  • FLGT -1.8% (downgraded to Neutral from Buy at BTIG Research)
  • SNDR -1.4% (downgraded to Neutral from Buy at Citigroup)
  • SLRC -1.3% (downgraded to Neutral from Buy at Compass Point)
  • ULTA -1.2% (downgraded to Hold from Buy at Jefferies)
  • SLGN -0.8% (downgraded to Underperform from Neutral at BofA Securities)