>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • EZPW -1.4%

M&A news:

  • CATM -1.2% (to be acquired for $35.00 per share by funds affiliated with Apollo Global Management (APO) and Hudson Executive Capital (halted)) 

Other news:

  • MIRM -16.3% (prices 3.75 mln shares of common stock at $20.00 per share)
  • MESO -5.3% (reported top-line results for Phase 3 trial of rexlemestrocel-L in advanced chronic heart failure)
  • EAF -5.2% (upsizes offering by 1.5 mln shares and prices offering 8.5 mln shares of common stock; details undisclosed)
  • OCUL -3% (announced $75.0 mln public offering of common stock)
  • GLSI -2.8% (announces option agreement for pre-clinical coronavirus vaccine candid)
  • ZIOP -1.3% (CFO announced intention to depart, effective December 31)
  • MTN -1.1% (announced convertible notes offering)

Analyst comments:

  • IIVI -3.2% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
  • IPHA -1.8% (downgraded to Mkt Perform from Outperform at SVB Leerink)
  • URI -1.2% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
  • BVN -1.1% (downgraded to Neutral from Buy at Goldman)