>>> US Gapping down


Gapping down
In reaction to disappointing earnings/guidance
:

  • VNET -6.3%, ATGE -6.1%, DE -4.4%, AMAT -4.1%, NVDA -3.4%

Other news:

  • ZN -42.7% (confirms active petroleum system in Megiddo-Jezreel well in Israel, however said not commercially successful)
  • AMRS -13.1% (launches approx 7.4 mln share secondary offering by certain selling stockholders)
  • ATAI -6.6% (ATA Inc to acquire Beijing Biztour International Travel Service for RMB50.0 mln; Board declared special cash dividend)
  • ZOES -5.6% (postponed Q2 release - shares halted)
  • AVEO -4.9% (to offer and sell shares of its common stock in an undisclosed underwritten public offering)
  • VCEL -1.7% (files for $200 mln mixed securities shelf offering)

Analyst comments:

  • DF -7.1% (downgraded to Underweight from Neutral at JP Morgan)
  • DSW -3.4% (downgraded to Negative from Neutral at Susquehanna)
  • NTNX -3.1% (downgraded to Hold from Buy at Jefferies)
  • WAB -0.8% (downgraded to Sector Weight from Overweight at KeyBanc Capital Mkts)
  • HLT -0.7% (downgraded to Mkt Perform from Outperform at Bernstein)