Gapping down
In reaction to disappointing earnings/guidance:
- N/A.
M&A news:
- SIRI -5% (aquires Pandora (P) for $3.5 bln)
- CMCSA -4.6% (Comcast (CMCSA) wins auction for Sky with $40 bln bid)
Other news:
- LOOP -13.9% (Loop Industries and Indorama Ventures 'announced a joint venture to manufacture and commercialize sustainable polyester resin')
- TLRY -11.4% (continued weakness; cautious Barrons article)
- CRON -2.6% (cautious Barrons article)
- MU -1.6% (continued weakness post earnings)
- ENDP -1.0% (agrees to additional stay of its litigation against the FDA until December 31)
Analyst comments:
- NTNX -5.7% (downgraded to Negative from Neutral at Susquehanna)
- CZR -2.8% (initiated with a Sell at UBS)
- SFM -2% (downgraded to Market Perform from Outperform at Wells Fargo)
- TXRH -1.5% (downgraded to Underperform from Market Perform at BMO Capital Markets)
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