down
Gapping down
In reaction to earnings/guidance:
- RCII -18.1% (lowers Q3 guidance, says external economic conditions have continued to deteriorate; also CFO steps down, names Fahmi Karam as CFO), NKE -10.6%
Other news:
- ATER -9.1% (announces pricing of $20 million registered direct offering)
- AAN -4.9% (in sympathy with RCII guidance)
- LULU -3.6% (in sympathy with NKE earnings)
- FL -3.4% (in sympathy with NKE earnings)
- DKS -3.1% (in sympathy with NKE earnings)
- MNSO -2.4% (Chairman to purchase up to $5 mln worth of shares)
- ASML -2.3% (semi equipment names weak on MU decision to cut wafer fab equipment capex 50% yr/yr)
- LRCX -1.9% (semi equipment names weak on MU decision to cut wafer fab equipment capex 50% yr/yr)
- AMAT -1.6% (semi equipment names weak on MU decision to cut wafer fab equipment capex 50% yr/yr)
- KLAC -1.5% (to build new R&D center in UK includes $100+ mln capital investment)
- CTVA -1.4% (FTC files suit against company according to FTC website)
Analyst comments:
- CENX -5.4% (downgraded to Underperform from Peer Perform at Wolfe Research)
