>>> US Gapping Down

Gapping down
In reaction to earnings/guidance
:

  • ABM -3.8%, WOR -2.9%, NAV -0.6%, BE -0.5% (guidance), MLHR -0.4%,

Other news:

  • TRIT -17.7% (was informed that a statutory demand for payment from Antanium Resources was filed by a creditor)
  • LQDA -6.9% (files for $200 mln mixed securities shelf offering)
  • RRD -6.7% (says it's not currently engaged in discussions to sell its printing and packaging business in Asia Pacific)
  • ZYNE -5.5% (provides regulatory update on Zygel in Fragile X Syndrome)
  • GMDA -4.9% (launches follow-on offering of its ordinary shares; no terms have been disclosed)
  • PRPH -4.7% (gave notice to A.G.P./Alliance Global Partners of its election to terminate the Sales Agreement dated September 23, 2020)
  • PHAT -4.4% (prices offering of 2.25 mln shares of common stock at $42.00 per share)
  • AUPH -3.1% (to collaborate with Otsuka Pharmaceutical for the development and commercialization of Voclosporin in Europe and Japan)
  • UCTT -2% (to acquire Ham-Let)
  • LXRX -1% (enters into collaboration with AC Bioscience),

Analyst comments:

  • GSX -2.2% (downgraded to Neutral from Buy at UBS)
  • CCJ -0.7% (downgraded to Underperform from Sector Perform at RBC Capital Mkts),