Gapping down
Select index ETFs showing early weakness:
- QQQ -1.2%, IWM -0.9%, SPY -0.8%, DIA -0.6%
News:
- MNSO -4.3% (CFO resigns; names Eason Jingjing Zhang as CFO)
- XPEV -2.5% (names Fengying Wang as President)
- DNA -2.1% (files for 7279426 share common stock offering by selling shareholders)
- BX -1.4% (buyout fund plans were below expectation)
Analyst comments:
- ODFL -2% (downgraded to Underperform from Neutral at Credit Suisse)
- GM -1.7% (downgraded to Hold from Buy at Berenberg)
- EBC -1.6% (downgraded to Neutral from Buy at Janney)
- EW -1.5% (downgraded to Neutral from Overweight at Piper Sandler)