>>> US Gapping down

Gapping down

In reaction to earnings/guidance:

  • POR -9.7%, PLCE -6.4%, BBY -2.9%, PANW -2.4% (also to acquire The Crypsis Group)

Other news:

  • VNET -2.8% (launches 17 mln ADS follow-on offering)
  • RTX -1.8% (will be removed from Dow 30 Index on Aug 31)
  • XOM -1.3% (will be removed from Dow 30 Index on Aug 31)
  • PFE -1.2% (will be removed from Dow 30 Index on Aug 31)
  • AHH -0.5% (provides August rent collection update)

Analyst comments:

  • GLPG -3.3% (downgraded to Hold from Buy at Jefferies)
  • NPTN -2.8% (downgraded to Underperform from Mkt Perform at Raymond James)
  • NTR -0.8% (downgraded to Neutral from Overweight at Atlantic Equities)
  • ODFL -0.6% (downgraded to Sell from Hold at Stifel)