Gapping down
In reaction to disappointing earnings/guidance:
- PI -29.1%, OCLR -18.7%, TCAP -18%, CYH -15.6%, W -13.3%, W -13.3%, OSUR -12.5%, TEVA -12.5%, HABT -10.9%, NWL -10.7%, ATRC -10.5%, CIE -10%, THS -9.6%, KEM -9.1%, FEYE -8.7%, GPRO -8.7%, SYMC -7.3%, EPZM -7.1%, CAKE -6.7%, MLM -5.7%, TSLA -5.3%, GNK -5%, HBI -5%, PES -5%, ALIM -4.8%, CLVS -4.6%, GOLD -4.4%, DYN -4.3%, QUOT -3.9%, QRVO -3.8%, INSY -3.7%, PBH -3.7%, FIT -3.5%, WPZ -3.3%, BT -3.2%, CAVM -3.1%, AVP -3%, SAGE -3%, BIOS -2.9%, FATE -2.8%, ADAP -2.8%, BBRG -2.5%, CNAT -2.4%, CHK -2.3%, CTRP -2.2%, GPRE -1.9%, GERN -1.8%, HIVE -1.7%, WPX -1.7%, KHC -1.5%, NUS -1.4%, EPD -1.3%, TICC -1.3%, YELP -1.2%, FB -1.2%, NICE -1.1%, TDOC -1%, XPO -1%, TWI -1%, ERII -0.9%, GCP -0.9%, PAH -0.9%, SNY -0.9%
Select Optical related names showing weakness:
- FNSR -3.1%, ACIA -2.9%, CIEN -1.8%, AAOI -1.2%, FN -1%
Other news:
- NTLA -8.9% (prices underwritten public offering of 6.25 mln shares of its common stock at a public offering price of $24.00 per share)
- ASMB -4.7% (prices $2.21 mln shares of common stock at $27.25 per share)
- AQN -0.9% (Algonquin to purchase 25% interest in Atlantica Yield from Abengoa at price of $24.25 per share, $2,430 million implied total equity value; AQN to sell on a bought deal basis, 37.8 mln common shares at a price of CAD$13.25/share)
Analyst comments:
- SQ -1.7% (downgraded to Hold from Buy at Stifel)
- CRTO -1.3% (downgraded to Hold from Buy at Jefferies)
- ZBH -0.5% (downgraded to Neutral from Overweight at Piper Jaffray)
