Gapping down:Earnings related: BCRX -16.2%, SSTK -11.4%, JKS -2.2%
General news:
- NVFY -9.7% (pulling back following recent gains)
- DRYS -8.5% (still checking)
- SPKE -7.0% (pulling back following Friday's spike on M&A chatter)
- VIAV -2.8% (commences $400 mln private offering of its Senior Convertible Notes due 2024; intends to use up to $75 mln of the proceeds from the offering to repurchase common stock to its existing program)
Analyst actions:
- SUI -5.9% (downgraded to Neutral from Buy at Citigroup)
- URBN -3.3% (downgraded to Sell from Neutral at MKM Partners)
- TSLA -2.7% (downgraded to Sell from Neutral at Goldman; tgt lowered to $185 from $190)
- NVMI -2.7% (downgraded to Hold at Stifel; tgt $18)