Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- KR -8%, JRJC -5.8%, SOL -2.4%, APPS -1.1%
Select actively traded tech names showing weakness:
- NVDA -2.8%, AMD -2.7%, NFLX -2.4%, MU -2%, AMBA -2%, TSLA -2%, ASML -1.9%, JD-1.6%, EA -1.5%, AMZN -1.4%, FB -1.3%, AAPL -1.3%, BIDU -1.2%
Select metals/mining stocks trading lower:
- IAG -2%, GOLD -1.9%, AUY -1.2%, ABX -0.7%, KGC -0.7%, GDX -0.6%, NEM -0.6%, GG-0.5%, SLV -0.5%, PAAS -0.5%, AG -0.5%
Select oil/gas related names showing early weakness:
- SDRL -5.2%, STO -1.8%, RDS.A -1.7%, RIG -1.6%, TOT -1.5%, BP -1%, E -0.9%, SLB -0.7%,XOM -0.6%
Other news:
- WRLD -8.8% (World Acceptance files to delay 10-K due to internal investigation of its operations in Mexico; expects to file the Form 10-K by June 29 )
- PACB -8.7% (to offer and sell shares of its common stock in an underwritten public offering)
- LNTH -5.8% (announces public secondary offering of 3 mln shares of common stock by selling stockholders )
- OAKS -5.1% (commences 4 mln common stock offering)
- LOXO -2% (prices follow-on offering of 3.15 mln shares of common stock at $72.00)
Analyst comments:
- SPLK -2.8% (downgraded to Neutral from Outperform at Wedbush)
- GOOGL -1.7% (downgraded to Hold from Buy at Canaccord Genuity)
- EGO -1.5% (downgraded to Speculative Buy at Canaccord Genuity)
- MAT -0.9% (downgraded to Neutral from Buy at DA Davidson)