>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:
  • EPAM -16.5%, CVNA -14.2%, CAR -14.1%, TBI -11.9%, BTG -11.7%, W -9.3%, GTX -7.7%, LKQ -7.4%, YETI -6.8%, POOL -6.6%, CAKE -6.3%, KALU -6.3%, TAP -6%, VC -5.6%, OGS -5.3%, AEG -5.1%, OII -4.6%, AMPL -3.8% (also authorizes new $100 mln share repurchase program), BHC -3.7%, COLD -3.7%, MDGL -3.6%, CVI -3.4%, INSM -3.4%, BNL -3.1%, RIO -3%, SB -2.8%, WMT -2.8%, BKD -2.5%, OR -2.5% (also acquires portfolio of royalty assets), JACK -2.3%, LOPE -2.3%, TECK -2.3%, CYH -2.1%, TNK -2%, UPBD -2%, CRH -1.9% (also increases dividend; enters buyback program arrangement with Wells Fargo), MAC -1.7%, CNP -1.7%, RS -1.3% (also increases dividend), WES -1%
Other news:
  • BTDR -16.1% (intends to offer, subject to market conditions and other factors, US$300.0 mln principal amount of Convertible Senior Notes due 2032)
  • EPRX -10.8% (prices offering consisting of common stock and warrants)
  • ESOA -10.4% (stock offering)
  • BNC -4.2% (advances plan to revise asset management deal)
  • LYV -2.7% (Judge rejects Live Nation's effort to dismiss antitrust lawsuit, according to Reuters)
  • AMRZ -1.6% (completes acquisition of PB Materials Holdings)
  • UDR -1.3% (files mixed shelf offering)
Analyst comments:
  • HUN -1.9% (downgraded to Neutral from Overweight at JPMorgan)