>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:

  • ZAYO -23.3% (also plans to separate into two publicly traded companies), KRO -15.9%, PYX -15% (also plans to consolidate all its U.S. tobacco processing operations to its Wilson, NC, facility by September 2019), WYNN -14%, MNST -12.7%, ROKU -12.3%, TLND -11%, PRGO -10.1%, CTRP -10%, SPTN -9.7%, TIVO -9.3%, MCRB -9.3%, TPC -8%, PRTY -8%, QCOM -6.7%, OSUR -6.6%, TTGT -6.6%, FLO -6.2%, DVA -6.2%, AAOI -6.1%, COMM -6.1%, RUN -6%, SAIL -5.9%, TWNK -5.8%, EVC -5.7%, KGC -5.2%, SQ -4.8%, KDP -4.5%, RRR -4.5%, NUS -3.9%, BTX -3.8%, NRG -3.6%, WIN -3.5%, TCX -3.4%, HL -3.3%, HK -3.1%, WRD -3.1%, BREW -3%, ALB -2.8%, NNBR -2.4%, XPER -2.4%, UPWK -2.3%, DISCA -2%, MDCO -2%, MCHP -1.8%, PRU -1.7%, ADT -1.6%, IAC -1.5%, CNNE -1.4%, NIHD -1.3%, WP -1.3%, NVAX -1%

Select Casino names showing weakness:

  • LVS -6.5%, MLCO -6.3%, MGM -3.7%, CZR -2.4%

Other news:

  • VYGR -12.1% (announces positive longer-term results for Phase 1b trial of VY-AADC and reports earnings)
  • SRPT -4.7% (announces $500 mln shares of common stock in underwritten public offering)
  • NYMT -3% (prices 12.5 mln share common stock public offering at $6.11 per share)
  • TNDM -2.2% (ticking lower; Pres/CEO sold 198K shares worth ~$7.3 mln)
  • XEL -1.3% (prices offering of 8,138,351 shares of its common stock at $49.15 per share)
  • HSY -1% (Hershey Trust Company to sell 4.5 mln shares of The Hershey Company common stock; Hershey Foods confirms it has agreed to purchase 450,000 shares from Hershey Trust Company for approximately $48 mln or $106.30 per share)

Analyst comments:

  • LOW -2.2% (downgraded to Hold at Gordon Haskett)
  • RH -1% (downgraded to Hold from Accumulate at Gordon Haskett)