Gapping down
In reaction to earnings/guidance:
- CCK -10%, XRX -9.4%, HSII -7.7%, BRO -6.7%, HSBC -6.5%, CLF -6.1%, GLW -5.8%, MCO -5.7%, CR -5.2%, ZION -4.9%, ORAN -3.4%, CNC -3.4%, JBLU -3.4%, TBI -2.9%, PKG -2.7%, MMM -2.7%, AWI -2.4%, CADE -2%, DFS -1.9%, WRB -1.7%, RRC -1.7%, GPK -1.4%, ARE -1.3%, TRU -1.2%, PHM -1.2%, NWE -1%, VLO -0.9%
Other news:
- PEBO -2.7% (Peoples Bancorp and Limestone Bancorp (LMST) announce he signing of a definitive agreement and plan of merger pursuant to which Peoples will acquire in an all-stock merger Limestone and the parent company of Limestone Bank)
- TBPH -2.5% (to Present New Ampreloxetine Data in Neurogenic Orthostatic Hypotension at the 33rd International Symposium on the Autonomic Nervous System)
- CRON -2.4% (SEC charged CRON for improperly accounting for millions of dollars of revenue and for other accounting misconduct in multiple reporting periods)
- UEC -1.9% (stock offering by selling shareholders)
- BILL -0.9% (adds Google Cloud CMO to Board)
Analyst comments:
- ANET -2.5% (downgraded to Neutral from Outperform at Credit Suisse)
- EQX -2.4% (downgraded to Underperform from Sector Perform at RBC Capital Mkts)
- FA -1.9% (downgraded to Hold from Buy at Jefferies)
