>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:
  • DBI -15.8%, FIVE -11.9%, SCS -8%, BZUN -8%, ACN -5.9%, DRI -4.9%, TITN -4.5%, WGO -3.8%, CHWY -2%, SCVL -1.7%, WOR -0.9%, FDS -0.6%
Other news:
  • LI -7.7% (lowers Q1 delivery guidance)
  • DNMR -4.6% (prices offering of 15.0 mln shares of common stock at $1.00 per share)
  • RVTY -2.9% (files complaint against Cloud Software Group; also reaffirms FY24 guidance)
  • STVN -2.3% (files mixed shelf securities offering; also launches $300 mln share offering)
  • HLVX -1.4% (files $500 mln mixed shelf securities offering)
  • AAPL -1% (DOJ planning to sue for antitrust violations according to Bloomberg)
Analyst comments:
  • CNC -0.7% (downgraded to Equal-Weight from Overweight at Stephens)