>>> US Gapping down

Gapping down
In reaction to earnings/guidance:
  • SOUN -22.4%, JAKK -14.6%, DNA -14.5%, RILY -14.1% (also review of strategic alternatives; cuts dividend in half; also to delay 10-K filing), ESTC -13.3%, TTEC -12.4%, ZYXI -10.8% (also authorizes new $20 mln share repurchase program), PX -10.5%, PLUG -9.9%, GRBK -8.7%, TGLS -8.2% (also increases dividend), PTCT -7.8%, ORGO -7.3%, ZS -7.3%, HPE -5.6%, VYX -5.5%, PTVE -5.1%, KWR -5% (also authorizes new $150 mln share repurchase program), BHVN -4.9%, VRRM -2.9%, AEG -2.9%, VEEV -2.4%, ARLO -2.3%, QTRX -2%, SATS -2%, EC -0.9%
Other news:
  • SCLX -34.8% ($10 mln bought deal offering)
  • GRTS -28.6% (40% workforce reduction)
  • HUMA -25.1% (prices offering of 13.4 mln shares of common stock at $3.00 per share)
  • NYCB -20.7% (CEO steps down; names new exec chairman/CEO; also completes goodwill impairment assessment; has no impact on capital ratios; identifies material weaknesses in internal controls)
  • TARS -14.9% (prices offering of 2812500 shares of its common stock at $32.00 per share)
  • URGN -6.5% (received a Paragraph IV Certification Notice Letter from Teva Pharmaceuticals)
  • TSLX -4.7% (prices offering of 4.0 mln shares of common stock for gross proceeds of ~$83.4 million)
  • KDP -3.7% (prices secondary offering of 86956522 shares of common stock at $29.10 per share)
  • WCC -3.7% (increases dividend)
  • BANC -2.5% (filed prospectus supplement to the Registration Statement on Form S-3 relating to the resale from time to time by certain selling stockholders of up to 51422763 shares of the voting common stock)
  • LI -2.2% (Feb deliveries)
  • AX -2.1% (files $500 mln mixed shelf securities offering)
  • BLMN -1.6% (entered into an accelerated share repurchase agreement to repurchase approximately $220 million of the Company's common stock)
  • RGNX -1.4% (to host webcast re new interim clinical data from Phase I/II AFFINITY DUCHENNE Trial)
  • SBAC -1.3% (files mixed shelf securities offering)
  • ADTN -1.2% (to delay 10-K filing)
  • MAT -1% (to delay 10-K filing)