Gapping down
In reaction to disappointing earnings/guidance:
- EGOV -17.5%, ASX -14.4%, OMI -11.3%, PYPL -7.7%, RL -7.3%, NVO -5.1%, MUR -4.7%, APU -4.2%, SYMC -3.7%, UPS -3.5%, BABA -3.3%, VOD -3.2%, HSY -3%, TSCO -2.8%, APTV -2.2%, CTXS -1.9%, NOW -1.9%, BSX -1.6%, LAZ -1.5%, CRS -1.2%, BAX -1.1%, QCOM -1%, (also expands its global patent cross-license agreement with Samsung covering mobile devices and infrastructure equipment), RDS.A -1%, MSFT -0.9%, DWDP -0.9%, MO -0.7%, PH -0.7%
Other news:
- ONCS -14.4% (commences common stock offering)
- RIOT -6.9% (confirms its Annual Meeting was adjourned for a second time to achieve a quorum on the proposals to be approved -- under Nevada law, a new record date is required to be set)
- DPW -5.3% (ongoing volatility)
- NVTR -4.6% (commences common stock offering)
- GNBC -2.7% (to offer 3 mln shares of common stock in secondary offering by selling shareholders)
Analyst comments:
- CMG -2.3% (downgraded to Sell from Neutral at UBS)
- ESRX -1.6% (downgraded to Underperform from Mkt Perform at Bernstein)
- NVDA -1.5% (removed from Conviction Buy List at Goldman)