Gapping down
In reaction to disappointing earnings/guidance:
- CALM -13.2%
Select semiconductor related stocks trading lower:
- STM -2.2%, ASML -1.5%, NVDA -1.1%, WDC -0.9%, XLNX -0.8%, MU -0.8%, SMH -0.8%, AMD -0.5%
Other news:
- TELL -3% (files mixed securities shelf offering)
- OSMT -2.6% (commencement of a proposed public offering of 6 mln ordinary shares)
Analyst comments:
- GLPG -2.5% (downgraded to Neutral from Overweight at JP Morgan)
- DLTR -2.1% (downgraded to Sell from Hold at Loop Capital)
- ALLE -1.5% (downgraded to Underperform from Neutral at Credit Suisse)
- FBM -1.5% (downgraded to Underperform from In-line at Evercore ISI)
- IGT -1.5% (downgraded to Hold from Buy at Jefferies)
- HBAN -1.1% (downgraded to Hold from Buy at Deutsche Bank)
- AAPL -0.8% (downgraded to Buy from Strong Buy at Needham)
- JBHT -0.8% (downgraded to Mkt Perform from Outperform at Bernstein)