Gapping down
In reaction to disappointing earnings/guidance:
- JOUT -0.5%
Select metals/mining stocks trading lower:
- AU -7.8%, HMY -4.4%, DRD -1.8%, VALE -1.4%, GOLD -1.4%, GDX -1.3%, SLV -1.3%, SBGL -1.1%, BBL -1.1%, RIO -0.5%
Other news:
- ALKS -4.8% (received a Complete Response Letter regarding its New Drug Application for ALKS 5461 for the adjunctive treatment of major depressive disorder)
- MNLO -4.3% (files for $150 mln mixed securities shelf offering)
- KNDI -2.2% (announces resignation of Mei Bing as CFO)
Analyst comments:
- MGNX -7.3% (downgraded to Sell from Neutral at Citigroup)
- MTCH -5.4% (initiated with a Sell at Goldman)
- TRTN -4% (downgraded to Underperform from Buy at BofA/Merrill)
- THO -1.9% (downgraded to Market Perform from Outperform at BMO Capital Markets)
- SFLY -1.9% (initiated with a Sell at Goldman)
- OKTA -1.8% (downgraded to Sector Weight from Overweight at KeyBanc Capital Mkts)
- KRG -1.7% (downgraded to Equal Weight from Overweight at Barclays)
- PEGI -1.6% (downgraded to Underperform from Neutral at Macquarie)