Gapping down
In reaction to disappointing earnings/guidance:
- NTGR -10%, CROX -7.7%, SAM -6.4%, GGG -5.9%, FTI -5.6%, XLNX -5.4%, DFS -5.1%, CTXS -3.1%, STX -2.9%, AMTD -2.9%, UN -2.4%, HSY -2.4%, CS -1.8%, DPZ -1.5%, LRCX -1.4%, CLB -1.1%, LSTR -0.8%, MC -0.6%
Other news:
- LZB -21.2% (provides manufacturing and retail update)
- VFF -2.4% (files for $200 mln mixed securities shelf offering)
- GO -1.6% (prices upsized secondary offering of 15 mln shares of common stock at $34.00 per share)
- KAI -1.5% (announces realignment of operating segments)
- TW -1% (prices follow-on offering of 11,161,083 shares of its common stock at $50.25 per share)
Analyst comments:
- COUP -4.4% (downgraded to Underweight from Neutral at JP Morgan)
- TWLO -2.8% (downgraded to Neutral from Overweight at JP Morgan)
- CHEF -1.6% (downgraded to Market Perform from Outperform at BMO Capital Marketst )
- BIIB -1.4% (downgraded to Underperform from Mkt Perform at Raymond James)
- ADSK -0.7% (downgraded to Neutral from Overweight at Atlantic Equities)