Gapping down
In reaction to disappointing earnings/guidance:
- INFO -1.8%
Other news:
- VXX -4.8% (trading lower with US futures up ~1%)
- CSTL -4.5% (commenced public offering of 1.5 mln common shares)
- LIQT -4.5% (lightly traded; filed for 1.6 mln share common stock offering by holders)
- SPR -4.4% (Boeing [BA] directed co to reduce 2020 B737 shipset production plan)
- BRP -3.6% (announced follow-on offering of 11.5 mln shares of Class A common stock)
- ALLO -1.6% (lightly traded; presented preclinical findings supporting DLL3-target AlloCAR T therapy in SCLC)
- ONEM -1.5% (announced secondary offering of 7.0 mln common shares by selling shareholders)
- TMUS -0.7% (commenced public securities offerings in connection with Softbank's stake monetization)
Analyst comments:
- CBOE -2.6% (downgraded to Sell from Neutral at Goldman)
- MU -0.9% (downgraded to Market Perform from Outperform at BMO Capital Markets)
- MHK -0.8% (downgraded to Sell from Hold at Deutsche Bank)