Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- MLHR -9.8%, ALOG -5%, JBL -3.9%, (also details restructuring plan, sees approximately $195 mln in pre-tax restructuring and other related costs)
Other news:
- CPK -3.1% (prices 835,207 share underwritten public offering of common stock at $62.26/share)
- SFLY -1.5% (modestly higher in after hours - attributed to Robert W. Baird suggesting today's move is overreaction to the new competing Amazon product)
- TBIO -0.8% (signs a data sharing agreement with Roche (RHHBY) subsidiary Ventana Medical Systems)
Analyst comments:
- PSO -0.9% (downgraded to Neutral from Outperform at Exane BNP Paribas)