>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:
  • VIPS -6.8%, SSL -4.4%, HSAI -4%
Other news:
  • CKPT -4.7% (files stock offering)
  • GTE -4.5% (to Acquire i3 Energy plc)
  • KYMR -3.8% (prices $225 mln public offering consisting of common stock and warrants.)
  • DOMO -1.7% (amends existing debt facility)
  • SAIC -1.6% (awarded $262 mln U.S. Air Force contract mod)
  • BAC -1.2% (Berkshire Hathaway's (BRK.A) Warren Buffett sold 13,968,943 shares at $39.00 - $39.74 worth approx. $550.7 mln (transaction dates 8/15-8/19))
  • BA -1.1% (FAA adopts airworthiness directive for 787 Dreamliners, according to Reuters)
  • EBS -1.1% (responds to Mpox public health emergency)
Analyst comments:
  • ALIT -3.6% (downgraded to Neutral from Overweight at JP Morgan)
  • AVDX -2.5% (downgraded to Neutral from Overweight at JP Morgan)
  • CIB -2.3% (downgraded to Sell from Neutral at Goldman)
  • LRN -1.9% (downgraded to Neutral from Buy at Citigroup)
  • ABCL -1.1% (downgraded to Hold from Buy at The Benchmark Company)
  • WDS -1.1% (downgraded to Mkt Perform from Outperform at Bernstein)