Gapping down
In reaction to earnings/guidance:
- ERIC -5.4%, FBK -4.8%, GS -3.5%, PLOW -2.4% (guidance), JBHT -2.1%, PAC -2%, PNFP -1.5%, SFBS -0.8%
Other news:
- PCVX -3.5% (public offering)
- WD -1.1% (reducing workforce by 10%)
- HOPE -1% (appoints new CFO)
- GSK -0.6% (acquiring BLU for $2 bln)
Analyst comments:
- HP -1.5% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
- FSLR -0.9% (downgraded to Sector Weight from Overweight at KeyBanc Capital Markets)
- LBRT -0.8% (downgraded to Equal-Weight from Overweight at Morgan Stanley)