Gapping down
In reaction to disappointing earnings/guidance:
- TRN -6.4%, ALGN -4.1%, KMI -3.2%, DGX -2.6%, DFS -2%, CMG -1.7%, SUI -1.7%, MSFT -1.5%, ALLE -1.4%, CSX -1%, SU -0.9%, GGG -0.9%, DOW -0.8%, CNS -0.7%, ADS -0.7%, STL -0.6%, TECK -0.6%, RS -0.6%
Other news:
- LLNW -9.1% (prices offering of $110 mln of 3.50% convertible senior notes due 2025)
- JMIA -8.8% (files for company ADS offering and offering by selling shareholder)
- AUPH -7.3% (prices offering of 13,333,334 common shares at $15.00 per share)
- QIWI -2.7% (cancels stock offering)
Analyst comments:
- KHC -1.3% (downgraded to Sell from Neutral at Guggenheim)
- HCSG -1% (downgraded to Neutral from Outperform at Robert W. Baird)
- HSBC -0.6% (downgraded to Underperform from Neutral at Credit Suisse)