>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance:

TWLO -31.5%, AKAM -16.6%, ETSY -15.3%, (CEO stepping down, co not providing guidance, discloses additional workforce reductions), IPHI -14.9%, PBPB -14.1%, CRAY -12.9%, LCI -9.8%, FTR -9.8%, (will set the reverse stock split ratio at 1-for-15 if stockholders approve the reverse stock split proposal that is now before them), DXCM -9.4%, OCLR -9%,NANO -8.9%, BOJA -8.9%, VRSK -8.7%, BG -7.3%, SPPI -7%, FSTR -6.7%,MTCH -6.4%, TNAV -5.7%, VIAV -4.7%, BANC -4.6%, CPE -4.4%, APC -2.9%, (also issues statement regarding Firestone accident), HBI -2.5%,FUN -2%, ENR -1.9%, GILD -1.7%, SCMP -1.7%, COTV -1.6%, CSU -1.4%,DVN -1.4%, (to divest approximately $1 billion of upstream assets across its portfolio), AAPL -1.2%, (also approves 10.5% increase to the Company's quarterly dividend, increases share repurchase authorization to $210 billion from the $175 billion level announced a year ago), XENT -1.2%, GNE -1.1%, WU -1.1%, TSE -1.1%, QUOT -1.1%, (to acquire Crisp Mobile, announces $50 mln stock repurchase plan ), STRL -1.1%, FMC -1%

Select AAPL related names showing weakness:

STM -2.7%, CRUS -2.2%, QRVO -1.2%, SWKS -1.1%, TXN -0.9%, AVGO -0.7%

Select metals/mining stocks trading lower:

BHP -3.1%, BBL -3.1%, MT -2.7%, RIO -2.6%, FCX -1.7%, X -1%, VALE -0.6%

Other news:

RXDX -13.5% (commences an public offering of 10 mln shares of its common stock)
PRGO -4.4% (announces investigation by DOJ related to drug pricing)
HTA -1.7% (upsizes offering by 8 mln shares prices offering of 47.5 mln common shares at $28.50 per share)

Analyst comments: