Gapping down
In reaction to earnings/guidance:
- PACW -6.5% DLO -6.4% (guides Q3 revs above consensus but also announces 16 mln share offering by selling shareholders) MAN -3.2% ZION -2.7% PG -1.6% HXL -1.5% EVER -1.1% (issues downside guidance for Q3) ERIC -1% SI -0.7% JNJ -0.6% HAL -0.5%
Other news:
- TASK -5.4% (stock offering)
- KRG -3.3% (to join S&P MidCap 400)
- CSTL -1.1% (has signed a definitive agreement to acquire Cernostics an Illumina Ventures company)
- WTI -0.5% (provides operational update for Q3)
Analyst comments:
- ACI -0.7% (downgraded to Neutral from Buy at Citigroup)