>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • BYND -19.3%, BHG -17.8%, CRCT -17%, SDGR -15.9%, PSFE -15.1%, BLND -11.3%, BMBL -9.7%, LZ -9.6%, DCBO -7.1%, FIGS -6.4%, DIS -5.4%, BRKS -4.4%, RRGB -4%, GDRX -3.5%, VLTA -3.2%, YETI -3.1%, ENS -2.5% (also announces planned CFO retirement; establishes new $100 mln stock repurchase auth), ESMT -2.5%, FICO -2%, STNG -1.9%, BLU -1.8%, HLTH -1.1%, WKME -1.1% (also expands partnership with SAP and announces strategic alliance with Deloitte), CCMP -1.1%, WISH -0.8% (also CEO to step down)

Other news:

  • HAIN -4.9% (stock offering)
  • BIP -3.7% (stock offering)
  • DDD -3.6% (convertible notes offering)
  • MKTW -3.6% (authorizes $35 mln share repurchase program)
  • FA -2.7% (prices secondary offering of 15 mln shares of common stock at $20.00 per share) COO -2.1% (to acquire Generate Life Sciences for $1.6 bln)
  • APR -1.6% (prices secondary offering of 4.5 mln shares of common stock by a selling stockholder affiliated with Blackstone (BX) at $31.50 per share)
  • LDOS -1.1% (awarded three-year contract to support UK MOD PICASSO program)
  • AMC -0.9% (CEO discloses sale of 625K shares) .

Analyst comments:

  • PRIM -3.9% (downgraded to Sell from Neutral at Goldman)
  • ALLT -1.6% (downgraded to Neutral from Buy at BofA Securities)
  • IPGP -1.1% (downgraded to Mkt Perform from Outperform at Bernstein)