Gapping down
In reaction to disappointing earnings/guidance:
- CLS -12.7%, KLIC -8.9%, CYOU -8.9%, EPAY -8%, CORT -7.9%, TECK -6.4%, CI -5.3%, AMZN -4.7%, WY -4.7%, DB -3.7%, FBHS -3.5%, WETF -3%, LYB -2.8%, EMN -2.6%, DOOR -2.1%, EW -1.3%, ENVA -1.3%, BBVA -1.3%, MCK -1.2%, EXPO -1%, KKR -0.9%
Other news:
- OPK -13% (provides update on ongoing development plans of OPK-88004 -- trans-rectal ultrasound method proved to be too imprecise to reliably determine the drug effect) CI -5.4% (following HHS drug price proposal news)
- CVS -2.8% (following HHS drug price proposal news)
- GPMT -2.3% (prices 6.85 mln (upsized from 6 mln) common stock offering at $19.00/share)
- ABC -1.6% (pulling following peer MCK results)
- GOOGL -0.8% (Apple blocks Google from running its internal iOS apps - CNBC)
Analyst comments:
- GE -1.7% (downgraded to Hold from Buy at Vertical Research)
- ARW -0.8% (downgraded to Hold from Buy at Stifel )
- PYPL -0.7% (downgraded to Neutral from Overweight at Atlantic Equities)
- GS -0.6% (downgraded to Sell from Hold at Societe Generale)