>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • BOOT -13.6%, LSPD -13.2%, CSCO -3.7%, MNRO -3.4%, SQM -3%, GRAB -2.8%, NGG -2.4%, STNE -2.3%, VSAT -2%, BABA -1.5% (also approves spin-off)

Other news:

  • NSTG -8.3% (TXG wins injunction in patent litigation with NSTG)
  • APLD -5.7% (files $175 mln mixed shelf securities offering)
  • GFL -3.5% (announces upsizing and pricing of secondary offering by selling shareholders)
  • EVGO -3% (prices offering of 29411765 shares of common stock at $4.25 per share)
  • OUST -2.6% (confirms the ITC has voted to institute an investigation into the unfair trade practices of Hesai Group (HSAI) based in Shanghai China and related entities)
  • MNMD -2.2% (announces enrollment milestone in Phase 2b trial of MM-120)
  • KALU -2.1% (Warrick mill union members ratify labor agreement)
  • FRPT -2% (advances operational improvement plan through Board changes; Current Director Walt George will be named Chair to replace retiring Charles Norris)

Analyst comments:

  • WTRG -1.5% (downgraded to Neutral from Buy at Northcoast)
  • MMP -1.2% (downgraded to Hold from Buy at Stifel)