Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- ZG -4.6%, (Zillow expands Instant Offers to Phoenix; will work with agents to test buying and selling homes directly; as a result, lowers FY18 EBITDA on higher revenue; raises Q1 guidance), INFY -2.6%, PNC -1.2%
Other news:
- MBI -4.7% (pulling back after seeing late spike higher on volume)
- SEAS -1.9% (SeaWorld Entertainment received Wells Notice; Commission staff to recommend that a civil enforcement action or administrative proceeding be brought against the Company)
Analyst comments:
- CPB -1% (resumed with a Sell at Goldman)
- MUSA -1.2% (downgraded to Hold from Buy at Jefferies)
- SBUX -1.3% (downgraded to Market Perform from Outperform at Cowen)
- TEN -1.3% (downgraded to Neutral from Buy at Goldman)
- DBX -3.2% (initiated with a Reduce at Nomura/Instanet)
- GKOS -4.7% (downgraded to Hold at Stifel)