Gapping down
In reaction to disappointing earnings/guidance:
- LTHM -15.1%, FSLR -14.2%, CWST -12%, ZS -11.8%, APPN -10.5%, PBYI -10.3%, CNDT -9.5%, TMST -8.4%, HBM -8.3%, FSLY -6.5% (also names new CEO), VAL -5.4%, VAL -5.4%, BOOM -5.3%, CUBE -5.2%, BLDR -5.1%, ROG -5.1%, PSO -4.9%, HSC -4.8%, ENV -4%, BJRI -3.9%, OLED -3.2% (also raises dividend), BYD -3%, COG -2.9%, CVA -2.4%, NBR -2.2%, COLD -2.2% (also to form strategic JV in Brazil; will acquire 15% ownership in SuperFrio), TECK -1.9%, ED -1.8%, PPC -1.6%, EBS -1.6%, PRA -1.5%
M&A news:
- TMUS -1.5% (TMUS and S amend combination agreement)
- PRA -1.5% (to acquire NORCAL Group for $450 mln)
Other news:
- EYPT -26.2% (stock offering)
- AGRX -11.2% (stock offering)
- UTI -8.6% (stock offering)
- NGVT -6% (CEO resigns)
- DT -2.8% (prices offering of 25 mln shares of common stock at $34.50 per share)
Analyst comments:
- BJRI -3.9% (downgraded to Hold from Buy at Stifel)
- CAR -2.1% (downgraded to Neutral from Buy at Northcoast)
- SHAK -1.7% (downgraded to Hold from Buy at SunTrust)
- DPZ -1.1% (downgraded to Hold from Buy at Stifel)
- ZG -0.6% (downgraded to Neutral from Buy at Guggenheim)