Gapping down
In reaction to disappointing earnings/guidance:
- UXIN -7.7%
Select EU financial related names showing weakness:
- BBVA -3.6%, RBS -3.2%, DB -3%, ING -2.6%, LYG -1.9%, CS -1.5%, BCS -1.1%, HSBC -0.7%
Select metal producer stocks trading lower:
- MT -4.3%, SCHN -4%, X -3.3%, BBL -1.4%, BHP -1.2%
Other news:
- ALV -4.1% (announces that Christian Hanke notified the Company of his intent to resign as the Interim CFO and Vice President Corporate Control to pursue another opportunity)
- PCG -0.9% (executes definitive agreement to resolve all insurance subrogation claims arising from the 2017 Northern California wildfires and 2018 Camp ) .
Analyst comments:
- AKS -5.3% (downgraded to Underweight from Overweight at JP Morgan)
- CLF -3.4% (downgraded to Neutral from Overweight at JP Morgan)
- AA -2.4% (downgraded to Neutral from Buy at Goldman)
- CLX -0.8% (downgraded to Underweight from Equal Weight at Barclays)