• IPOs Priced or News:
  • RIVN: Pricing of Upsized Initial Public Offering.. 153,000,000 shares @$78 above range of $72 to $74.
  • CINT: Pricing of Initial Public Offering (IPO).. 13,043,478 Class A common shares @$15
  • EXFY: Pricing of Initial Public Offering..  3,730,776 shares at $27 above range of $25 to $27 
• New SPACs launched: None of note.
• Secondaries Priced:
  • ATXI: Prices Public Offering 1,946,787 shares @$1.34
  • KRP: Prices Public Offering of Common Units.. 3,750,000 common units @$14
  • KDNY: Pricing of an Upsized $160 Million Public Offering.. 7,828,572 shares @$14
  • ANPC 1.302 Prices Public Offering 1,302,000 @ $2.22
  • SITM Pricing Public Offering 2 Million at $225
  • CYRX Pricing Public Offering 3.1 Million at $81.10
• Notes Priced of note:
  • CYRX Prices Offering of $350 Million of 0.75% Senior Convertible Notes 2026
• Common Stock filings/Notes:
  • DCTH: Form 424B5.. Up to $25Million Common Stock
  • HSDT: Proposed Underwritten Public Offering of Common Stock.. Ladenburg bookmanager
  • INO: Filed Form 424B5.. Having an Aggregate Offering Price of up to $300,000,000
  • PSA: Public Storage Announces Pricing of 4.00% Cumulative Preferred Shares of Beneficial Interest, Series R
  • MRTX: Proposed Public Offering of Common Stock $500Million .. GS, Leerink and Cowen bookmanagers
  • TMBR: Closing of Exercise of Underwriter’s Option to Purchase Additional Common Stock
  • ZNGA: Filed Form S-3ASR.. 20,009,528 Shares
  • ANPC: Proposed Public Offering of American Depositary Shares
  • ROVR: Rover Announces Confidential Submission of Draft Registration Statement for Secondary Offering 
  • EVAX: Closing of $27.6 Million Follow-on Public Offering, Including Full Exercise of the Underwriters’ Option to Purchase Additional Shares
  • GPL – Great Panther Mining Announces $20 Million Bought Deal Offering of Common Shares 
  • BBLN 
• Pricing of Over-Allotment: None of note.
• Direct Offering:
  • METX Meten Holding Group Prices $20 Million Registered Direct Offering of Ordinary Shares Priced At-the-Market Under Nasdaq Rules
• Selling Shareholders of note:
  •  FOLD
• Private Placement of Public Entity (PIPE): None of note.
• Mixed Shelf Offerings:
  • AMPH: Filed Form S-3.. $250Million Mixed Shelf
  • HRMY: Filed Form S-3ASR.. Mixed Shelf
  • KRON: Filed Form S-3ASR.. $150Million Mixed Shelf
• Convertible Offering & Notes Filed: None of note.
• Note Offerings Filed: 
  • CLR: Pricing of Offering of $800 Million Senior Notes Due 2026 and $800 Million Senior Notes Due 2032
  • MGPI: Proposed Private Offering of $175 Million of Convertible Senior Notes
  • OTEX: Pricing of Senior Unsecured Fixed Rate Notes to Redeem Outstanding 2026 Notes

Capital Raise Summary From The TradeXchange, bringing traders and investors real time news and Squawk Box, and other sources.

News After The Close:

• After Hours:
  • Trading Up: PUBM +23%, RNG +22%, PAR +22%, DASH +19%, AVID +17%, FLYW +13%, NARI +12%, SGFY +11%, STEM +11%, SAIL +11%, SEMR +8%, NVEE +7%, VCYT +7%, DNUT +7%, JXN +6%, ZETA +6%, AKA +6%, VZIO +6%, G +5%, GOCO +5%, TWOU +5%, FGEN +4%, RPAY +4%, MNKD +4%, WES +4%, CNR +3%
  • Trading Down: POSH -26%, PRPL -25%, ASLE -20%, UPST -18%, DOCS -15%, DMTK -14%, COIN -13%, SHLS -12%, SKIN -9%, LPRO -9%, FUBO -9%, DV -8%, U -8%, NUVA -7%, GLBE -6%, TOST -6%, PYCR -6%, AMPL -6%, ABCL -6%, TMDX -5%, ONTF -5%

• News Items:
  • Stocks making the biggest moves afterhours: COIN, POSH, DASH (CNBC)
  • Oil Turns Lower as Biden Chooses Not to Tap Reserves for Now (Bloomberg)
  • President Xi says China is ready to work with U.S. on condition of ‘mutual respect’ (CNBC)
  • WMT Walmart: President Biden spoke with CEOS of WMT, UPS, FDX, TGT on supply chain problems (Bloomberg)
  • Coinbase shares drop after third-quarter revenue misses analysts’ estimates (CNBC)
  • Ring Central (RNG) CFO to step down as company beats and raises
  • Asset Under Mgmt Updates APAM, AB, LAZ
• Stock Split: None of note.
• Exchange/Listing News: 
  • Orion Office REIT Inc. (NYSE: ONL) will replace Daktronics Inc. (NASD: DAKT) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, November 16.
• Buyback Announcements:
  • ADV
• Dividends Changes: none of note.

What’s Happening This Morning: Futures value reflects the change with fair value.

S&P 500 -17.50 Dow Jones Industrial Average -83 NASDAQ -101 Russell 2000 -4.59. Asia and Europe mixed. VIX is at 19.16 from18.65 in futures from yesterday. Gold, silver and copper lower. WTI Crude Oil and Brent Oil Futures lower. Natural Gas is lower. $ is higher vs Euro, higher vs Pound and higher vs Yen. US 10 year Treasury price is at $131.56 from $131.55 with yields at 1.466% from 1.464% yesterday morning. Bitcoin at $66,380 from $67,586 yesterday morning down -1.12% in early morning trading. As of  8:15 a.m. EST.

Tuesday’s Action – 11/09 Close:  

• Daily Positive Sectors: Energy, Utilities, and Consumer Defensive of note.
• Daily Negative Sectors: Consumer Cyclical, Financial, Healthcare, and Basic Materials of note.
• One Month Winners: Consumer Cyclical, Technology, Industrials of note.
• Three Month Winners: Energy, Consumer Cyclical, and Technology of note.
• Six Month Winners: Technology Communication Services, Consumer Cyclical of note.
• Twelve Month Winners: Energy, Financials and Technology of note.
• Year to Date Winners: Energy, Technology, and Communication Services  of note.

Stocks closed slightly down with technology losing the most.  UNG continues the wild swings closing down 8%. Updated 11/09 Close.

   

Upcoming Earnings Of Note: (sorted by market cap, highest to lowest with most visible names)

Gap Ups & Down In Early Pre-Market:

• Gap Up: RNG +23%, PUBM +23%, AVID +18%, DASH +18%, STEM +16%, SEMR +16%, FVRR +15%, SGFY +14%, NARI +13%, SAIL +12%, JXN +10%, CERT +8%, VCYT +8%, IMAB +8%, PAR +7%, DNAY +7%, GOCO +7%, LGND +6%, LU +6%, FGEN +6%, ZETA +6%, NVEE +6%, ADV +6%, FLGT +6%, CARG +6%, AKA +5%, VET +5%, FLYW +5%, TWOU +5%, ELY +4%, RPAY +4%, CCXI +3%, CNR +3%, DNUT +3%, WYNN +3%
• Gap Down: PRPL -32%, POSH -31%, ASLE -21%, UPST -19%, LPRO -17%, DMTK -17%, ATXI -14%, DOCS -12%, SKIN -11%, COIN -11%, AMPL -11%, TMDX -10%, HYLN -9%, SHLS -8%, DAKT -8%, VIEW -8%, DV -8%, NUVA -7%, FUBO -7%, KRP -6%, GRUB -6%, U -5%, EVBG -5%, GLBE -4%, PYCR -4%, PLUG -4%, WES -4%, AXU -3%, ONTF -3%, EPAY -3%, TWNK -3%, ACB -3%

Insider Action: CLR, CSWC, ARAY, COMM sees Insider buying with dumb short selling and RCII, FTDR, BLI has smart short sellers with insider buys. 11/08 close

Rags & Mags: Highlighted Stories may be clicked through to the original story.  Repeated stories from prior days never listed, i.e. “rehashed news”.

• Five Things To Know To Start Your Day. (Bloomberg)
• Stocks Making The Biggest Moves: COIN, DASH, POSH  (CNBC)
• Five Things To Know This Morning (CNBC)
• EIA expects a volatile winter of Natural Gas trading due to uncertainty about weather
• EU General Court largely dismissed EU Commission finding Google (GOOGL) abused its dominant position. Commission had fined Google 2.42 billion
• President Xi and President Biden to hold Virtual Summit next week. (Bloomberg)
• Microsoft (MSFT) looks to buy social and casual game assets. (Bloomberg)
• Robinhood looks at General Electric (GE) dividing into three. Note this is a Top 100 Robinhood Holding. Paytm to go public in India.

Moving Average Update:

• Score moves down to 93% from 100%. Updated 11/09 close.

Geopolitical: