Gapping down
In reaction to disappointing earnings/guidance:
- NFLX -8.4%, RF -5%, ALV -1.2%, STT -0.5%
Other news:
- SPXC -8.2% (names new CFO)
- PSTI -4.4% (files for $250 mln mixed securities shelf offering)
- NCLH -2.9% (prices offering of 16,666,667 ordinary shares at $15.00 per share)
- CYTK -2.7% (prices offering of 7,291,667 shares of its common stock at $24.00 per share)
- ROKU -1.3% (in sympathy with NFLX)
- EC -0.9% (further adjusts its 2020 investment plan to $3-3.4 bln)
Analyst comments:
- SNV -2% (downgraded to Underperform from Sector Perform at RBC Capital Mkts)
- FVRR -1.9% (downgraded to Neutral from Overweight at JP Morgan)
- WBT -1.2% (downgraded to Neutral from Buy at Citigroup)