Gapping down
In reaction to earnings/guidance:
- CTRN -7.5%, CAH -6.7%, LULU -5.7%, BFI -4.8%, EXEL -3.9%, AMRN -2.8%, TLYS -2.6%, RPID -1.5%
Other news:
- TTWO -7.2% (Zynga and Take-Two (TTWO) to merge in cash and stock deal which values the total enterprise at approx. $12.7 bln)
- LFC -2.8% (reports Chairman and Secretary under disciplinary review and investigation by the Central Commission for Discipline Inspection and the National Supervisory Commission)
- KOR -2.2% (to delist from NASDAQ)
- TSLA -2% (Elon Musk tweets that full self driving price will increase to $12,000 on Jan 17)
Analyst comments:
- ABNB -3% (downgraded to Neutral from Overweight at Piper Sandler)
- LVS -2.7% (downgraded to Underperform from Neutral at BofA Securities)
- GLPI -1.8% (downgraded to Underperform from Buy at BofA Securities)
- HLT -1.1% (downgraded to Mkt Perform from Outperform at Bernstein)