>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:

  • MYGN -35.3%, SHAK -17.5%, HUD -13.1%, CRIS -12.8%, SNCR -12.7%, VECO -11.7%, CHK -10.3%, AAN -10.2%, DIOD -9.4%, ATHM -8.5%, AOSL -8.1%, GRPN -7.7%, MDR -7.5%, TNDM -6.9%, TLRA -6.7%, TSE -6.5%, MOS -6.3%, UBER -6.2%, DFIN -5.9%, BKD -4.5%, NCMI -4.5%, EXK -4.4%, RMBS -4.1%, WBT -4%, ARNC -3.4%, NTR -3.3%, FRTA -3.2%, PRU -2.9%, ICPT -2.7%, RYAM -2.5%, MAR -2.4%, TRVG -2.4%, MNK -2.3%, LMNX -2.1% (after seeing late move lower upon early release of earnings), FTSI -2%, TEF -1.8%, ED -1.6%, UNVR -1.6%, MRTX -1.3%, ENDP -1.2% (also announces transition of CEO Paul V. Campanelli to Chairman of the Board), CDE -1.2%, ATH -1.1%, CBT -1%, NEM -1%

Other news:

  • YETI -5.5% (files for share 10 mln share common stock offering by selling shareholders)
  • MRUS -3% (announces public offering of $60.0 mln of its common shares)
  • RCII -2.6% (following AAN results)
  • MPW -2.2% (underwritten public offering of 50,000,000 shares of its common stock)
  • HAS -2% (commenced an underwritten registered public offering of $875.0 million of shares of its common stock)
  • HCP -1.8% (prices offering of 15 mln shares of common stock at $35.00 per share)
  • ERII -1.2% (President and Chief Executive Officer Chris Gannon resigns effective immediately)
  • LYFT -0.9% (following UBER results)

Analyst comments:

  • CAI -1.9% (downgraded to Market Perform from Outperform at Cowen)
  • ZBRA -1.8% (downgraded to Neutral from Overweight at JP Morgan)
  • SCHW -0.5% (downgraded to Mkt Perform from Outperform at Raymond James)