Gapping down
In reaction to disappointing earnings/guidance: NYMX -0.9%, (filed Q3 and restated Q2 financial statements; restatement resulted in material net reduction in loss)
Select China related names showing weakness after Shanghai closed down ~7% overnight: KNDI -11.6%, JKS -10%, JMEI -9.5%, VIPS -6.5%, WBAI -5.6%, JD -5.2%, RENN -4.6%, BABA -4.5%, BIDU -4.4%, CMCM -4.2%, CTRP -3.4%, YNDX -2.5%, CMRX -1.5%
Select metal producers trading lower: BBL -4.1%, FCX -4%, MT -3.8%, VALE -3.6%, X -3.5%, RIO -2.9%, BHP -2.8%
Other news: QTWW -11% (receives non-compliance from Nasdaq relating to the minimum bid price requirement, has until June 27 to regain compliance), PLUG -7.1% (cont volatility), WTW -6.9% (pulling back following recent strength last week), QUNR -6.4% (appoints Zhenyu Chen as CEO; announces additional mgmt changes), CSIQ -5.9% (files mixed securities shelf offering), SHAK -5.3% (still checking), TTM -5% (reports Dec sales), P -4.2% (Barron's profiles cautious view), FIT -4.2% (still checking), TSLA -4% (reports Q4 deliveries at lower end of guidance), WYNN -3.9% (Macau Gaming Inspection and Coordination Bureau reported December gross gaming rev -21.2% YoY), VRX -3.8% (Pershing Square in amended 13D filing discloses it cuts stake in VRX to 8.5% from 9.9% prior), DB -3.5% (still checking), SUNE -3.5% (still checking), TWTR -3.2% (still checking), LVS -2.8% (Macau Gaming Inspection and Coordination Bureau reported December gross gaming rev -21.2% YoY), MU -2.8% (President Mark Adams will resign for personal health reasons on February 1)
Analyst comments: LEI -13% (downgraded to Sell at Euro Pacific Capital; $1 tgt), JOY -4.8% (downgraded to Sell from Neutral at UBS), NFLX -4.3% (downgraded to Neutral from Outperform at Robert W. Baird), IRBT -4% (downgraded to Neutral from Overweight at Piper Jaffray), CMG -3.1% (downgraded to Perform at Oppenheimer), PYPL -3% (downgraded to Sell at Monness Crespi & Hardt),MDRX -2.8% (downgraded to Mkt Perform from Outperform at Raymond James), AMZN -2.3% (downgraded to Neutral from Buy at Monness Crespi & Hardt), ABT -2.2% (downgraded to Equal-Weight from Overweight at Morgan Stanley), CHK -1.8% (downgraded to Underperform at Raymond James), CL -1.7% (downgraded to Sector Perform at RBC Capital Mkts), LMT -1.4% (removed from Conviction Buy List at Goldman)
In reaction to disappointing earnings/guidance: NYMX -0.9%, (filed Q3 and restated Q2 financial statements; restatement resulted in material net reduction in loss)
Select China related names showing weakness after Shanghai closed down ~7% overnight: KNDI -11.6%, JKS -10%, JMEI -9.5%, VIPS -6.5%, WBAI -5.6%, JD -5.2%, RENN -4.6%, BABA -4.5%, BIDU -4.4%, CMCM -4.2%, CTRP -3.4%, YNDX -2.5%, CMRX -1.5%
Select metal producers trading lower: BBL -4.1%, FCX -4%, MT -3.8%, VALE -3.6%, X -3.5%, RIO -2.9%, BHP -2.8%
Other news: QTWW -11% (receives non-compliance from Nasdaq relating to the minimum bid price requirement, has until June 27 to regain compliance), PLUG -7.1% (cont volatility), WTW -6.9% (pulling back following recent strength last week), QUNR -6.4% (appoints Zhenyu Chen as CEO; announces additional mgmt changes), CSIQ -5.9% (files mixed securities shelf offering), SHAK -5.3% (still checking), TTM -5% (reports Dec sales), P -4.2% (Barron's profiles cautious view), FIT -4.2% (still checking), TSLA -4% (reports Q4 deliveries at lower end of guidance), WYNN -3.9% (Macau Gaming Inspection and Coordination Bureau reported December gross gaming rev -21.2% YoY), VRX -3.8% (Pershing Square in amended 13D filing discloses it cuts stake in VRX to 8.5% from 9.9% prior), DB -3.5% (still checking), SUNE -3.5% (still checking), TWTR -3.2% (still checking), LVS -2.8% (Macau Gaming Inspection and Coordination Bureau reported December gross gaming rev -21.2% YoY), MU -2.8% (President Mark Adams will resign for personal health reasons on February 1)
Analyst comments: LEI -13% (downgraded to Sell at Euro Pacific Capital; $1 tgt), JOY -4.8% (downgraded to Sell from Neutral at UBS), NFLX -4.3% (downgraded to Neutral from Outperform at Robert W. Baird), IRBT -4% (downgraded to Neutral from Overweight at Piper Jaffray), CMG -3.1% (downgraded to Perform at Oppenheimer), PYPL -3% (downgraded to Sell at Monness Crespi & Hardt),MDRX -2.8% (downgraded to Mkt Perform from Outperform at Raymond James), AMZN -2.3% (downgraded to Neutral from Buy at Monness Crespi & Hardt), ABT -2.2% (downgraded to Equal-Weight from Overweight at Morgan Stanley), CHK -1.8% (downgraded to Underperform at Raymond James), CL -1.7% (downgraded to Sector Perform at RBC Capital Mkts), LMT -1.4% (removed from Conviction Buy List at Goldman)