Gapping down
In reaction to disappointing earnings/guidance:
- OSUR -14.5%, FEYE -11.6%, TPR -11.5%, FCAU -11%, PRLB -8.7%, LCII -7.9%, SONO -7.6%, NXPI -5.9%, MD -5.8%, TTM -5.6%, TWTR -5.5%, CENT -4.9%, TTMI -4.9%, SNA -4.9%, CCK -4.6%, MRVL -4.6%, ECHO -4.3%, SPB -4.3%, DNKN -3.9%, VVV -3%, ICHR -2.8%, TWO -2.7%, NTR -2.5%, CDAY -2.3%, TRMB -2.2%, MET -2.1%, MT -2.1%, PAHC -1.9%, COR -1.9%, MAC -1.7%, ELY -1.6%, YUM -1.6%, TSN -1.6%, ADNT -1.5%, PSEC -1.3%, TOT -1.3%, ICE -1.2%, ENTA -1%, LH -0.9%, COST -0.8%
Other news:
- SLDB -73.1% (announces preliminary findings from IGNITE DMD)
- USAT -36.3% (to restate select financials)
- RMBL -8% (to offer and sell shares of its Class B Common Stock in an underwritten public offering)
- PSTI -7.7% (entered into $50 mln Open Market Sales Agreement with Jefferies dated February 6, 2019)
- BIIB -3.4% (attributed to Tecfidera patent developments disclosed in its annual filing)
- STM -2.2% (to acquire a majority stake in Swedish silicon carbide water manufacturer Norstel AB for total consideration of up to $137.5 mln)
- PCG -2% (lower in extended trading in response to San Francisco gas explosion; also the co submitted 2019 Wildfire Safety Plan with additional safety precautions and expanded public safety power shutoff program)
- SIG -1.4% (pushes back release of Q4 earnings release)
Analyst comments:
- PPL -1.2% (downgraded to In-line from Outperform at Evercore ISI)
