Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- APOG -10.5%, ADXS -7.1%, BBBY -4.8%, BBBY -4.8%, KMX -1.1%.
Other news:
- PCG -12.3% (To suspend the quarterly cash dividend on common stock beginning with Q4 2017, citing uncertainty related to liabilities associated with October 2017 Northern California wildfires),
- EIX -4.9% (Edison dips lower with PCG),
- GENE -2.3% (Continuation from yesterday),
- BIIB -2.0% (Adaptive Phase II Study of BAN2401 in Early Alzheimer's fails to meet primary endpoint),
- COG -0.9% (to sell its operated and non-operated Eagle Ford Shale assets to an affiliate of Venado Oil & Gas for $765 million).
Analyst comments:
- AXON -6.9% (Downgraded to Hold from Buy at Jefferies),
- COP -0.4% (Downgraded to Sector Outperform at Scotia Howard Weil).