Gapping down
In reaction to disappointing earnings/guidance:
- SGH -15.8%, RH -15.1%, OXM -10.6%, SBS -4%, DWDP -1.7% (DowDuPont lowers Q1 sales and op EBITDA guidance ranges)
Other news:
- CHMA -16.7% (announces proposed public offering of common stock)
- AZN -5.7% (confirms intention to raise up to approximately $3.5 bln through a placing of new ordinary shares )
- LULU -1% (attributed to block trade being offered; also lululemon athletica agreed to repurchase one million shares of common stock in private transaction with Advent International affiliates)
Analyst comments:
- YETI -3.4% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
- CHTR -0.5% (downgraded to Sector Perform at RBC Capital Mkts)