Gapping down
In reaction to earnings/guidance:
- MGA -4.5%, MMM -4.3%, ZION -2.8%, CR -2.6%, DHR -2.2%, UMPQ -1.8%, VZ -1.7%, ALB -1.6%
Other news:
- PFLT -6.2% (prices offering of 4.25 mln shares of common stock at $11.20 per share)
- ENTG -1.3% (CFO to retire)
- INTC -0.5% (new independent chair)
- LUV -0.5% (dispatchers to vote on new contract)
Analyst comments:
- AMD -2.4% (downgraded to Mkt Perform from Outperform at Bernstein)
- LULU -2.2% (downgraded to Underperform from Mkt Perform at Bernstein)
- CAKE -1.9% (downgraded to Mkt Perform from Outperform at Raymond James)
- OVV -1.2% (downgraded to Equal-Weight from Overweight at Morgan Stanley)