>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:

  • DKS -8.9%, BOX -6.4%, DY -5.4%, TLRD -3% (sees Q2 EPS $1.05-1.07 vs $1.02 two analyst estimate; announces retirement of CEO Doug Ewert, effective September 30; appoints Dinesh Lathi Executive Chairman of the Board, effective immediately), SCSC -2.7%, TOUR -1.1%, HRB -0.4%

Other news:

  • ROKU -5% (lower on reports that Amazon plans to launch new video service)
  • ASRT -4.4% (entered into $62 mln settlement agreement with Purdue Pharma for Oxycontin commercialization )
  • TLRD -3% (announces retirement of CEO Doug Ewert, effective September 30; appoints Dinesh Lathi Executive Chairman of the Board, effective immediately)

Analyst comments:

  • BNS -0.7% (downgraded to Hold from Buy at Canaccord Genuity)
  • O -0.5% (downgraded to Neutral from Buy at Janney)