Gapping down
In reaction to disappointing earnings/guidance:
- PLT -33.2%, KN -14.3%, NEWR -11.7%, BOOT -8.5%, SNAP -8.3%, F -7.7%, MTCH -7.5%, TMHC -5.7%, OLN -5.6%, SWI -5.2%, ALL -3.2%, KLAC -3.1%, GNW -2.8%, RRR -2.7%, SPOT -2.7%, MODN -2.5%, SUM -2.5%, WD -2.4%, TENB -2.2%, PDM -2%, FISV -1.9%, STX -1.9%, OSB -1.9%, SCSC -1.5%, VOD -1.4%, CNXN -1.1%, MRK -1.1%, GILD -0.8%
M&A news:
- EBAY -2.2% (pulling back following ICE's confirmation that no negotiations are taking place)
- GMS -1.3% (acquires Trowel Trades Supply; terms not disclosed)
Other news:
- ZIOP -13% (stock offering)
- RAPT -6.8% (commences 2 mln share offering)
- TTWO -4.5% (VP-Creative at Rockstar Games Dan Houser will be leaving)
- IMXI -3.7% (announces partnership with Ripple)
- TENB -2.2% (names new COO)
Analyst comments:
- TSLA -3.4% (downgraded to Hold from Buy at Canaccord Genuity)
- CTVA -2.3% (downgraded to Neutral from Positive at Susquehanna)
- STX -1.9% (downgraded to Sell from Hold at Summit Insights)
- ALB -1.6% (downgraded to Neutral from Outperform at Robert W. Baird)