Gapping down
In reaction to earnings/guidance:
- NEWR -27.3%, TCS -27.2%, QNST -19%, ATGE -18.3%, VREX -14%, AVYA -13.1%, HCSG -10.7%, CMP -8.1%, CRTO -7.6%, ICHR -6.3%, LBRT -6.1%, MSGE -4.8%, VVV -3.7%, LYFT -3.6%, YUMC -3.4%, CVS -2.9%, BDC -2.6%, NBR -2.5%, ATO -2.4% (also increases dividend), IIVI -2.2%, BG -1.9%, USNA -1.4%, GSK -1.3%
Other news:
- MAS -3.6% (files mixed securities shelf offering)
- ARGO -2.7% (expects net adverse prior year reserve)
- INCY -2.2% (stock offering)
- IIVI -2.2% (ships 400G ZR+ QSFP-DD-DCO transceivers to Windstream for field qualification)
- BWMN -1.9% (prices offering 1.05 mln shares of common stock at $16.00 per share)
Analyst comments:
- BIG -5.1% (downgraded to Underweight from Neutral at JP Morgan)