Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- BGFV -17.2%, (Big 5 Sports reports 4Q17 revs of $243.2 mln (-8.% y/y); same store sales -9.4% y/y), ELF -7.8%, (e.l.f. Beauty guides FY17 in-line ), URBN -4.8%, (Urban Outfitters holiday comparable retail segment net sales increased 2%, driven by double-digit growth in the direct-to-consumer channel, partially offset by negative retail store sales) EXPR -3.5%, BBW -2.2%, APA -1.4%
Other news:
- AMMA -9.8% (to offer combination of shares of common stock and warrants to purchase shares in firm-commitment underwritten public offering)
- LUV -1% (Dec Traffic)
- DKS -0.5% (following BGFV guidance)
Analyst comments:
- UAA -3.7% (downgraded to Negative from Neutral at Susquehanna)
- JKS -2.6% (initiated with a Sell at Goldman)
- AKS -1.5% (downgraded to Hold from Buy at Jefferies)
- JBLU -1.3% (downgraded to Underperform from Buy at BofA/Merrill)
- ALL -1.1% (downgraded to Market Perform from Outperform at Wells Fargo)
- ABB -1% (downgraded to Neutral from Buy at BofA/Merrill)
- PAYX -1% (downgraded to Neutral from Buy at BofA/Merrill)