Gapping down
In reaction to earnings/guidance:
- SITC -1.8%
Select ETFs showing weakness:
- QQQ -1.5%, SPY -0.7%, IWM -0.4%, DIA -0.2%, .
Select airline names showing early weakness:
- SAVE -2.1%, AAL -1.2%, DAL -1%, UAL -1%, LUV -0.5%, .
Other news:
- KOPN -7.7% (files for mixed securities shelf offering, no amount given)
- NIO -4% (in sympathy with XPEV)
- IIVI -3.1% (Coherent determines IIVI's proposal to be superior to Lumentum (LITE) merger agreement)
- CSIQ -2.2% (completes 61 mwp solar portfolio sale in Japan and deepens partnership with Canadian Solar Infrastructure Fund)
- MSFT -1.2% (30,000+ organizations have been hacked by an unusually aggressive Chinese cyber espionage unit, exploiting Microsoft email software, according to KrebsOnSecurity)
- AVB -0.9% (provides Q1 operating update)
Analyst comments:
- SEAS -0.9% (downgraded to Neutral from Buy at Citigroup)
- AIN -0.8% (downgraded to Neutral from Buy at BofA Securities)