Gapping down
In reaction to disappointing earnings/guidance:
- ON -2.6%, CHKP -1.5%, SAIA -1.3%
Select metals/mining stocks trading lower:
- AUY -1.2%, AU -1.2%, SLV -1.1%, SBGL -1%, GOLD -0.8%, GDX -0.6%, GLD -0.5%
Other news:
- CYDY -1.8% (files for ~16 mln share common stock offering by selling stockholders)
- ASHR -1.7% Shanghai down nearly 8% overnight)
- AROC -1.4% (files for 21,656,683 share common stock offering by selling stockholders)
- UTHR -0.7% (announces study of Unituxin for small cell lung cancer did not meet primary endpoint)
- OSMT -0.6% (files for $200 mln mixed securities shelf offering and 45,368,325 ordinary share shelf offering by holders)
Analyst comments:
- NOC -1.8% (downgraded to Sell from Buy at Goldman)
- XOM -0.7% (downgraded to Sell from Neutral at Goldman)
- EA -0.5% (downgraded to Market Perform from Outperform at BMO Capital Markets)
- VZ -0.5% (downgraded to Neutral from Outperform at Credit Suisse)