>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • DOMO -16.1%, AFRM -12.9%, DELL -5.1%, ESTC -4.3% (also names AWS exec as chief product officer), MRVL -3.1%, SUMO -2.3%, VMW -1%

Other news:

  • DNMR -10.4% (files for $100 mln mixed securities shelf offering)
  • OTEX -8.5% (OTEX to acquire MFGP)
  • TVTX -5% (to present abstracts at upcoming conference)
  • RIDE -1.4% (California will ban sale of new gas vehicles in 2035 according to CNBC)
  • LRCX -1.1% (increases dividend)
  • NIO -1.1% (Announces Substantial Completion of Independent Internal Review)

Analyst comments:

  • CNC -3.4% (downgraded to Equal Weight from Overweight at Wells Fargo)
  • IHG -2.9% (downgraded to Neutral from Overweight at JP Morgan)
  • GDS -1.9% (downgraded to Sector Perform from Outperform at RBC Capital Mkts)
  • UNP -0.8% (downgraded to Neutral from Outperform at Daiwa Securities)