Gapping down
In reaction to disappointing earnings/guidance:
- CARS -11.3%, DO -8.2%, ON -6.9%, AMRX -6.2%, SOHU -4.7%, CYOU -4.1%, SOGO -4.1%, HSBC -2.2%, BRK.B -1.7%, DKL -1.3%
M&A news:
- ACCO -3.5% (acquires Industria Grafica Foroni for approximately $57 mln)
Select China related names showing weakness:
- MT -4.4%, LVS -4.2%, JD -4.1%, MOMO -4.1%, WUBA -4%, YY -3.6%, BABA -3.5%, HTHT -3.4%, WYNN -3.4%, WB -3.4%, EDU -3.2%, BHP -3.2%, SINA -3.1%, BIDU -2.8%, NTES -2.2%, RIO -2%
Select fan favorite stocks trading lower:
- NVDA -3.9%, AMD -3.8%, STM -3.2%, MU -3.1%, AMAT -2.6%, AAPL -2.6%, AMZN -2.4%, STX -2.4%, TSLA -2.2%, FB -2%, MSFT -2%, NFLX -1.9%, GOOG -1.9%
Select oil/gas related names showing early weakness:
- BP -2.9%, RDS.A -1.6%, XOM -1.3%, SLB -1.2%, XLE -1.1%, TOT -0.9%
Other news:
- GLYC -49.1% (Pfizer and GlycoMimetics (GLYC) reports Top-Line Phase 3 results for Rivipansel; study did not meet its primary or key secondary endpoints)
Analyst comments:
- WMB -3.2% (downgraded to Mkt Perform from Outperform at Bernstein)
- MERC -2.2% (downgraded to Sector Perform from Outperform at RBC Capital Mkts)
- PRU -2.2% (downgraded to Neutral from Buy at Citigroup)
- DLTR -1.9% (downgraded to Hold from Buy at Deutsche Bank)
- TTMI -1.8% (downgraded to Neutral from Overweight at JP Morgan)
- BLL -1.2% (downgraded to Market Perform from Outperform at Wells Fargo)