>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:
  • CVNA -15.1%, CYRX -11.5%, DLTR -10.3%, AVAV -9.6%, (also announces that a major country in the Middle East has awarded the company a contract valued at $44.5 mln for Puma II AE small UAS featuring the new Mantis i45 sensor), TRXC-8.5%, SPPI -8%, TTOO -7.1%, (also discusses market clearance of the T2Bacteria Panel), ABM -6.8%, ROST -5.9%, (also increases stock buyback authorization to $1.075 bln; increases dividend by 41%), RIGL -4.9%, RAVN -4.9%, RUN -3.9%, EDIT-3.7%, URBN -2.2%, KDMN -1.6%, PRMW -1.1%, NOAH -0.6%, PLUG -0.5%
Other news:
  • ANTH -6.7% (files for $100 mln mixed securities shelf offering )
  • MERC -6% (announces NAFTA claim decision; majority of the tribunal ruled that it lacked jurisdiction to decide certain of the Company's claims under NAFTA)
  • WTW -4% (Oprah Winfrey exercises portion of options, sells portion of holdings in the company; will not sell additional shares this year)
  • MDLZ -3.9% (attributed to block trade pricing)
  • BRS -2.7% (attributed to block trade pricing)
  • TLND -2.6% (commences an underwritten public offering of 3,916,474 American Depositary Shares by selling shareholders)
  • TSM -2.4% (GlobalFoundries has asked Chinese regulators to investigate TSM for alleged anti-trust violations, according to the Nikkei Asian Review)
  • TJX -1.1% (following ROST results), DUK -1% (priced an offering of 18.5 million shares of its common stock at $75.00/share)
  • BIIB -0.9% (EMA recommends immediate suspension and recall of multiple sclerosis medicine Zinbryta)
  • T -0.6% (files registration statement for a potential IPO of a minority interest in the Class A common stock of Vrio Corp., a holding company for DIRECTV Latin America)
Analyst comments:
  • BGS -4.9% (downgraded to Underperform from Neutral at Credit Suisse)
  • CHK -2.6% (initiated with Sell ratings at UBS)
  • NFLX -1.9% (downgraded to Hold from Buy at Stifel)
  • IP -1.8% (downgraded to Market Perform from Outperform at Wells Fargo)
  • GOGO -1.2% (downgraded to Neutral from Buy at Guggenheim)