Gapping down
In reaction to disappointing earnings/guidance:
- CDLX -27.6% (also names new CEO), JWN -7.9%, URBN -6%, AVAV -4.6%, DLTR -3.5%, HPE -2.7%, ROST -2% (also increases dividend), NAV -1.4%, PLAB -0.8%
Other news:
- CDLX -27.6% (appoints various management transitions; names Lynne Laube as CEO, effective May 15)
- FFIC -0.5% (files for $400 mln mixed securities shelf offering)
Analyst comments:
- CVE -1.3% (downgraded to Neutral from Overweight at JP Morgan)