>>> US Gapping down

 With stock markets continuing to slide in the pre-market, many stocks are trading lower. The following represents stocks trading lower due to specific news items

Gapping down

In reaction to disappointing earnings/guidance:

  • FLR -12.8% (preannounces Q3 results with revs below consensus), VOXX -5.7%, WBA -2.4%, BKE -1.8% (reports September comps -2.4% y/y) .

Other news:

  • SPNE -11% (commenced underwritten public offering of shares of its common stock), SQ -9.2% (CFO Sarah Friar to step down in order to become CEO of Nextdoor)
  • BOLD -3.8% (prices underwritten public offering of 5.2 mln shares of its common stock at a price to the public of $29.00 per share)
  • CVS -2.4% (CVS Health provides update; will expand Board to include three additional Aetna Directors; names Eva Boratto as CFO)
  • JEC -1.7% (following FLR downside guidance)

Analyst comments:

  • HII -2.9% (downgraded to Sell from Neutral at Goldman)
  • DLPH -2.5% (downgraded to Neutral from Buy at Goldman)