Gapping down
In reaction to disappointing earnings/guidance:
- STX -9.2%, TSEM -8.5%, BCS -6.4%, RDWR -5%, ADP -4.5%, DB -3.9%, SPOT -3.4%, MASI -3.1%, ATRC -3.1%, EBAY -2.8%, ENVA -2.8% (also announces deal to acquire ONDK), OKE -2.7%, DENN -2.3%, IPG -2.2%, PKG -2%, V -1.8%, AKAM -1.8%, SHOO -1.8%, GSK -1.5%, MTDR -1.4%, AMGN -1.3%
Other news:
- ALEC -13.7% (presents clinical data)
- ARCT -4.1% (prices offering of 3,264,151 shares of its common stock at $53.00 per share)
- BTAI -3.7% (prices offering of 4,000,000 shares of common stock at $50.00 per share)
- GLDD -3.1% (signs subcontract with Bechtel)
- AMC -2.8% (AMC and Universal Filmed Ent announce a multi-yr agreement)
- RUN -2.7% (to join S&P MidCap 400)
- ADPT -1.2% (launches research study for Lyme disease)
Analyst comments:
- ASML -3% (downgraded to Neutral from Buy at UBS)
- PRT -0.9% (downgraded to Equal Weight from Overweight at Wells Fargo)