>>> US Gapping down

Gapping down

In reaction to disappointing earnings/guidance:

FOSL -24.1%, TARO -13.2%, TRUE -12.6%, VSI -12.5%, MXL -12.3%, XCO -12.3%, WAIR -11.1%, ARTX -9.9%, SGRY -9.9%, MYL -9.6%, POLA -9.1%, KNDI -8.8%, JAZZ -8.1%, ODP -7.5%, NUAN -7.4%, TRIP -7.3%, CALX -7.3%, TWNK -7.3%, PCLN -7%, POWL -6.9%, POWL -6.9%, PLCE -6.8%, OCUL -6.7%, DIS -5.1%, (also acquires majority of BAMTech for $1.58 bln), BLCM -4.8%, TDW -4.2%, VSAT -4.1%, LITE -3.7%, CALA -3.4%, MNST -3.3%, BBSI -3.2%, CROX -3.1%, TAST -3%, WB -2.4%, MHLD -1.9%, RAS -1.8%, AVEO -1.8%, AFSI -1.6%, EGRX -1.6%, SINA -1.6%, LSCC -1.3%, YPF -1.3%, AXAS -1.2%, FLXN -1.1%, TLGT -1%, MRCC -1%, MYGN -1%, PGNX -1%, CYBR -0.9%, AAL -0.9%

Other news:

LOB -7.9% ( to offer approximately 4.5 mln shares of its voting common stock)

MBUU -6.1% (to offer 2 mln shares of the Company's Class A Common Stock; discloses prelim results, sees Q4 revs $74.7-75.1 mln vs $70.34 mln Capital IQ Consensus Estimate, believes unit volume will be approximately 1,004 units, sees gross profit of $19.6-20 mln)

HR -5.9% (prices 7.25 mln shares of common stock at $30.90 per share)

PRAH -5.1% (PRA Health Sciences announces secondary offering of 10,000,000 shares of common stock by stockholders, including an affiliate of, or a fund sponsored by, Kohlberg Kravis Roberts & Co)

ESPR -4.2% (to offer $150 million of its common stock)

NFLX -3.7% (Disney will end distribution agreement with Netflix in 2019)

H -2.4% (commences secondary offering 8,654,050 shares of Class A common stock )

TMO -1.2% (prices offering of 8,771,930 shares of common stock at a price of $171.00 per share)

MKC -0.8% (McCormick prices offering of 5,524,862 shares of its common stock at $90.50 per share)

Analyst comments:

AIG -0.9% (downgraded to Neutral from Overweight at Atlantic Equities)

SBUX -0.7% (downgraded to Market Perform from Outperform at BMO Capital Markets)