Gapping down
In reaction to disappointing earnings/guidance:
- N/A.
Other news:
- BA -9.7% (following Ethiopian Airlines plane crash; China has ordered all 96 Boeing 737 Max 8 planes grounded)
- TI -1% (following Telecom Italia Statutory Auditors report)
Analyst comments:
- MRSN -6% (downgraded to Underweight from Neutral at JP Morgan)
- ZUMZ -2.5% (downgraded to Hold from Buy at Pivotal Research Group)
- JBLU -1.7% (downgraded to Equal Weight from Overweight at Barclays)
- ORCL -1.7% (downgraded to Reduce from Buy at Nomura)