Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- QADA -13.7%, ZOES -10.5%, GME -7%, SPLK -5.1%
Other news:
- SPI -12.4% (modestly pulling back)
- TPIC -9.1% (TPI Composites was notified by General Electric International, Inc. (GE) that GE does not intend to extend its supply agreement)
- TRIL -7.3% (commences offering of its common shares and Series II Non-Voting Convertible First Preferred Shares)
- TRGP -4.5% (prices 17 mln shares of common stock at $46.10 per share)
- CGIX -3.8% (files for $100 mln mixed securities shelf offering)
- HGV -2.3% (Hilton Grand Vacations files for 15,008,689 share common stock offering by the selling stockholders)
Analyst comments:
- JKS -5.9% (downgraded to Underweight at Morgan Stanley; to Sell at Citi)
- SHPG -2.2% (downgraded to Mkt Perform from Outperform at Bernstein)
- TRIP -1.2% (downgraded to Underperform from Neutral at Macquarie)
- E -1% (downgraded to Underperform from Neutral at Exane BNP Paribas)