>>> US Gapping Down

Gapping down
In reaction to disappointing earnings/guidance
:
  • GCO -18.6%, SCVL -8.7%, CRM -6.6%, FIVE -5.3%, CPB -4.7%, MEI -3.2%, COST -2.2%, XCRA -1.7%
  • BOX -1.4%, FWP -1.3%, CTRP -0.7%, QUNR -0.7%, JOY -0.7%
Other news:
  • AMD -4.9% (Advanced Micro amends its Wafer Supply Agreement with Globalfoundries for the period from Jan. 1, 2016 to Dec. 31, 2020)
  • FRO -4.7% (continued weakness following yesterday's earnings)
  • NL -3.7% (following afternoon strength - ended the day up 40%)
Analyst comments:
  • BKU -1% (downgraded to Underperform at Hovde Group)