Gapping down
In reaction to disappointing earnings/guidance:
- ARNC -3.2%, SKT -2.4%, ARLP -1.8%, BOH -0.6%
Select fan favorite names showing weakness:
- TSLA -4%, NVDA -3.7%, MU -3.7%, STM -3.6%, AAPL -2.2%, GOOG -2%, NFLX -1.8%, AMZN -1.5%, FB -1.5%
Select travel related stocks trading lower:
- SAVE -4.5%, AAL -3.7%, UAL -3.1%, DAL -3%, JBLU -2.8%, LUV -2.2%
Select China related names showing early weakness:
- BZUN -7.5%, MLCO -7.3%, BIDU -6.8%, LVS -5.7%, BABA -5.5%, WB -5.3%, VIPS -5.1%, MGM -4.3%
Select energy names trading lower :
- SLB -2.7%, USO -2.6%, MRO -2.4%, PSX -1.8%, BP -1.7%, RDS.A -1.6%, TOT -1.6%, XOM -1.5%, HAL -1.5%
Analyst comments:
- WYNN -6.1% (downgraded to Neutral from Buy at BofA/Merrill)
- MYL -3.8% (downgraded to Mkt Perform from Outperform at SVB Leerink)
- NICE -3.6% (downgraded to Neutral from Overweight at JP Morgan)
- EL -3.5% (downgraded to Perform from Outperform at Oppenheimer)
- ISRG -2.8% (downgraded to Hold from Buy at Deutsche Bank)
- INTC -2.3% (downgraded to Market Perform from Outperform at Northland Capital)
- XPO -2% (downgraded to Equal Weight from Overweight at Barclays)
- AXP -1.5% (downgraded to Equal-Weight from Overweight at Stephens)