CAPIS Morning Note – 04/21/22: Stocks Higher As Earnings Are Coming In Strong
Morning Note
Morning Note
posted by CAPIS on 04/21/2022 at 8:13 am
by CAPIS on 04/21/2022
Overnight Summary: The S&P 500 closed Wednesday at 4459.45 from 4462.21 on Tuesday down -0.06%. Futures traded higher most of the night. The overnight high was hit at 4:20 a.m. EDT this morning at 4,493.75. The low was hit at 4,454 at 4:05 p.m. EDT, a range of 39 points high to low. At 7:30 a.m. EDT the current price is 4492.25 which is 0.82% and 36.75. Earnings Out After The Close: Beats: TSLA +0.95, THC +0.87, VMI +0.63, RLI +0.45, AA +0.18, LSTR +0.15, LBRT +0.11, CNS +0.09, KNX +0.09, EFX +0.08, UMPQ +0.03, CSX +0.02, FR +0.01, SLG +0.01, BDN +0.01, KMI +0.01, STLD +0.01. Flat: CVBF +0.00, KALU +0.00. Misses: CVNA (1.31), SNBR (0.25), LRCX (0.11), GL (0.03), TCBI (0.03), UAL (0.02), CCI (0.02), SEIC (0.01). Capital Raises: IPOs Priced or News: None of note. New SPACs launched/News: None of note. Secondaries Priced: Holley Inc. (HLLY) prices secondary offering of 8.0 mln shares of common stock at $12.00 per share. Notes Priced of note: None of note. Common Stock filings/Notes: CING: Filed Form 424B4.. 4,791,665 Shares of Common Stock Issuable Upon Exercise of Previously Issued Warrants. CVNA: Filed Form 424B5.. $1,000,000,000 Class A Common Stock. Pricing of…