>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance/SSS
:
  • SMTC -9.4%, BOX -5.4%, LB -3.1%, GWRE -2.5%, JACK -1.7%, BKE -1%
M&A news:
  • JNPR -6.3% (NOK denies it is interested in potential takeover)
Other news:
  • GTN -4.9% ( prices 15 mln shares of common stock at $14.50 per share)
  • SGH -3% ( prices offering of 3,261,102 shares by selling shareholders at $33.50)
  • TRCO -1.3% (Announces offering of 7 mln shares of Class A common stock on an underwritten basis by a stockholder affiliated with Oaktree Capital (OAK) to Morgan Stanley)
Analyst comments:
  • NCLH -1.1% (downgraded to Underperform from Neutral at Macquarie)
  • ABX -1.6% ( downgraded to Sell from Buy at Citigroup)
  • GPS -2.7% (downgraded to Sell from Neutral at Citigroup)