Gapping down
In reaction to disappointing earnings/guidance:ANF -11.1%, GPS -6.7%, FL -1.9%, AMAT -1.1%,
Select metals/mining stocks trading lower: MTL -6.7% (volatile week in iron ore prices), GOLD -2.9%, SBGL -2.9%, AG -2.9%, AEM -2.5%, CDE -2.4%, HMY -2.4%, HL -2.2%, RIO -2.1%, VALE -2.1%, PAAS -1.9%, IAG -1.9%, MT -1.7%, SSRI -1.5%, BHP -1.4%, TS -1.4%,
Other news:
- KTOS -11.1% (intends to offer and sell shares of its common stock in an underwritten public offering pursuant to an effective shelf registration statement; size not disclosed)
- EMES -5.7% (prices upsized underwritten public offering of 3.4 mln common units representing limited partner interests at $10.00/common unit)
- RGC -4.7% (to sell 13,000,000 shares of Class A common stock by Anschutz Corporation and certain of its affiliates)
- ACRS -2.4% (prices upsized public offering of 4 mln shares of its common stock at $22.75/share)
- NFLX -0.7% (following report Amazon (AMZN) will launch Prime Video worldwide)
Analyst comments:
- FSLR -2.2% (downgraded to Sell from Neutral at UBS)
- CAFD -1.5% (initiated with a Underperform at Credit Suisse)