Gapping down
In reaction to disappointing earnings/guidance:
- HOME -26.8%, GO -2.1%, SNX -1.5%, TGT -0.8%
Select ETFs showing early weakness:
- IWM -2.5%, SPY -1.4%, XLE -1.4%, QQQ -1.3%, GLD -1.3%, XLB -0.7%, DIA -0.5%, IGV -0.5%
Other news:
- TTEC -3.2% (withdraws guidance)
- ABMD -2.6% (response to the COVID-19 pandemic)
- FB -2.3% (discloses increased user engagement with apps in countries hardest hit by the virus)
- ALGN -1.3% (receives FDA 510(K) clearance for the Itero Element 5D Imaging System)
- JACK -1.1% (closes dining rooms system-wide; borrows under is credit facility)
- AMZN -0.6% (details warehouse changes and other COVID-19 updates)
Analyst comments:
- CTL -3.8% (downgraded to Sell from Neutral at Citigroup)
- DVN -2.2% (downgraded to Neutral from Overweight at Piper Sandler)
- CRC -1% (downgraded to In-line from Outperform at Imperial Capital)