>>> US Gapping down


Gapping down
In reaction to earnings/guidance:

  • FDX -20.6%, HUN -6.6% (lowered guidance)

Other news:

  • NCR -17.7% (to separate into two independent companies)
  • ALHC -10.6% (mixed securities offering stock offering by selling shareholders)
  • KNW -9.5% (prices offering of 3.6 mln shares of common stock at $2.00 per share)
  • UPS -6.8% (trades in sympathy with FDX)
  • CNM -5.2% (stock offering by selling shareholders)
  • CCNE -4.7% (prices offering of 3702127 shares of common stock at $23.50 per share)
  • UBER -4% (trading lower on security breach news)
  • NVTA -2.6% (experts support testing for cancer patients)
  • AMZN -2.5% (trades in sympathy with FDX)
  • QGEN -2% (new additions to NeuMoDx)
  • CMC -1.9% (acquires Advanced Steel Recovery)
  • RBLX -1.7% (reports August metrics)
  • MAXR -1.7% (CFO retiring)

Analyst comments:

  • ARW -3.3% (downgraded to Underweight from Equal Weight at Wells Fargo)
  • AVT -3.2% (downgraded to Underweight from Equal Weight at Wells Fargo)
  • ADSK -1.6% (downgraded to Neutral from Overweight at JP Morgan)

>>> US Gapping up


Gapping up
In reaction to earnings/guidance:

  • BOWL +3.4%

Other news:

  • NTLA +10.8% (Interim Clinical Data for its Second Systemically Delivered Investigational CRISPR Candidate, NTLA-2002)
  • GOGO +5% (Repurchases 1.5 million shares of common stock from BlackRock)
  • ADCT +2.9% (ADC Therapeutics and Swedish Orphan Biovitrum AB (BIOVF) confirms positive CHMP opinion for ZYNLONTA for the treatment of relapsed or refractory diffuse large B-cell lymphoma)
  • RVNC +2.3% (to present Phase 2 data)
  • CELU +1.9% (stock offering)
  • AZN +1.6% (reports Danicopan (ALXN2040) add-on to Ultomiris or Soliris met primary endpoint in ALPHA Phase III trial, Evusheld long-acting antibody combination recommended for approval in the EU for the treatment of COVID-19, Beyfortus (nirsevimab) recommended for approval in the EU by CHMP)
  • GENI +1% (secured an agreement with Amazon (AMZN) to provide augmented video technology and data-related services in connection with an alternate feed of Prime Video's Thursday Night Football NFL broadcast in the U.S.)

Analyst comments:

  • AA +1.1% (upgraded to Overweight from Equal-Weight at Morgan Stanley)

>>> US Early premarket gappers


Early premarket gappers

  • Gapping up:
    • GOGO +5%, BOWL +4%, RVNC +3%, AZN +1.8%, CELU +0.9%, DINO +0.7%
  • Gapping down:
    • FDX -19.9%, NCR -14.8%, UPS -6.8%, ALHC -5.4%, UBER -5.2%, CNM -3.8%, RBLX -3.2%, AMZN -2.7%, NVTA -2.3%, CMC -1.9%, MAXR -1.7%, SPY -1.2%, QQQ -1.0%, IWM -0.8%, DIA -0.8%, DVN -0.6%