Gapping down
In reaction to disappointing earnings/guidance: DWCH -24.7%, PRGS -9.1%, TISA -3.3%, QTM -2.9%, JPM -2.1%, AAOI -1.9%, SYK -1.3%, WFC -1.3%, MU -0.8%, EVHC -0.6%
Select metals/mining stocks trading lower: FCX -5.9%, BHP -5.4%, RIO -4.1%, MT -4%, SCCO -3.2%, DRD -3.1%, SSRI -2.7%, CLF -2.7%, VALE -2.7%, HMY -1.8%, X -1.8%, AA -1.4%, AKS -1.4%, SLV -1.2%, AEM -1%
Select oil/gas related names showing early weakness: WLL -4.3%, PBR -3.1%, BP -2.4%, RDS.A -1.8%, SDRL -1.6%, RIG -1.5%
Other news: FRO -9.9% (still checking), TSLA -8.3% (WSJ reporting CEO Elon Musk said China sales weakened due to 'misperceptions' among Chinese consumers about charging), NEWM -4.4% (announced public offering of 7 mln shares of common stock), ERII -1.6% (Thomas S. Rooney, Jr. will be resigning as CEO), CUDA -1.4% (filed for $100 mln mixed securities shelf offering; also filed for offering of ~5.49 mln shares of common stock by selling stockholders), DD -1.2% (comments on Trian's 'high risk plan to further break up DuPont'), HPP -1.1% (prices 11 mln shares of common stock at $31.75 per share), CZR -1% (operating unit may soon file for Chapter 11, according to reports)
Analyst comments: KBH -3.4% (downgraded to Neutral from Overweight at JP Morgan), IRBT -3.1% (downgraded to Underweight from Neutral at JP Morgan), RHT -2.7% (downgraded to Sell from Neutral at Goldman ), FL -2.5% (downgraded to Sell from Neutral at Goldman), CLR -2.2% (downgraded to Equal Weight from Overweight at Barclays), CHK -2.1% (downgraded to Underweight from Equal Weight at Barclays), NGG -2% (downgraded to Underperform at Credit Suisse), CS -1.9% (downgraded to Neutral from Overweight at HSBC Securities), ALTR -1.7% (downgraded to Neutral from Overweight at JP Morgan), WU -1.5% (downgraded to Underperform from Neutral at BofA/Merrill), WDR -1.3% (downgraded to Neutral from Buy at Goldman), ROST -1.3% (downgraded to Neutral from Buy at UBS), VZ -1.1% (downgraded to Hold form Buy at Evercore ISI), WFM -1.1% (downgraded to Hold from Buy at Argus)
In reaction to disappointing earnings/guidance: DWCH -24.7%, PRGS -9.1%, TISA -3.3%, QTM -2.9%, JPM -2.1%, AAOI -1.9%, SYK -1.3%, WFC -1.3%, MU -0.8%, EVHC -0.6%
Select metals/mining stocks trading lower: FCX -5.9%, BHP -5.4%, RIO -4.1%, MT -4%, SCCO -3.2%, DRD -3.1%, SSRI -2.7%, CLF -2.7%, VALE -2.7%, HMY -1.8%, X -1.8%, AA -1.4%, AKS -1.4%, SLV -1.2%, AEM -1%
Select oil/gas related names showing early weakness: WLL -4.3%, PBR -3.1%, BP -2.4%, RDS.A -1.8%, SDRL -1.6%, RIG -1.5%
Other news: FRO -9.9% (still checking), TSLA -8.3% (WSJ reporting CEO Elon Musk said China sales weakened due to 'misperceptions' among Chinese consumers about charging), NEWM -4.4% (announced public offering of 7 mln shares of common stock), ERII -1.6% (Thomas S. Rooney, Jr. will be resigning as CEO), CUDA -1.4% (filed for $100 mln mixed securities shelf offering; also filed for offering of ~5.49 mln shares of common stock by selling stockholders), DD -1.2% (comments on Trian's 'high risk plan to further break up DuPont'), HPP -1.1% (prices 11 mln shares of common stock at $31.75 per share), CZR -1% (operating unit may soon file for Chapter 11, according to reports)
Analyst comments: KBH -3.4% (downgraded to Neutral from Overweight at JP Morgan), IRBT -3.1% (downgraded to Underweight from Neutral at JP Morgan), RHT -2.7% (downgraded to Sell from Neutral at Goldman ), FL -2.5% (downgraded to Sell from Neutral at Goldman), CLR -2.2% (downgraded to Equal Weight from Overweight at Barclays), CHK -2.1% (downgraded to Underweight from Equal Weight at Barclays), NGG -2% (downgraded to Underperform at Credit Suisse), CS -1.9% (downgraded to Neutral from Overweight at HSBC Securities), ALTR -1.7% (downgraded to Neutral from Overweight at JP Morgan), WU -1.5% (downgraded to Underperform from Neutral at BofA/Merrill), WDR -1.3% (downgraded to Neutral from Buy at Goldman), ROST -1.3% (downgraded to Neutral from Buy at UBS), VZ -1.1% (downgraded to Hold form Buy at Evercore ISI), WFM -1.1% (downgraded to Hold from Buy at Argus)