Gapping down
Select index ETFs showing early weakness:
- IWM -1%, QQQ -0.9%, SPY -0.8%, DIA -0.8%
Other news:
- APLD -7% (files for 48,287,076 share common stock offering by selling shareholders)
- TMC -6.4% (files for $100 mln mixed securities shelf offering; also files for 38,266,180 share common stock offering by selling shareholders)
- KOS -3.1% (provides update on Typhoon Muifa)
- ALHC -2.6% (prices offering of 9.0 mln shares of common stock at $14.75 per share)
- CS -2.3% (report co is considering rebranding as First Boston, according to BNN Bloomberg)
- EQT -2.1% (files mixed securities shelf offering)
- GSL -1.6% (files mixed securities shelf offering)
- ZEAL -1.6% (Presents Data from Phase 3 Trial of Dasiglucagon in Congenital Hyperinsulinism at the 60th Annual ESPE Meeting)
Analyst comments:
- ADBE -1.4% (downgraded to Equal Weight from Overweight at Wells Fargo)