Gapping down
In reaction to disappointing earnings/guidance:
- SLDB -35%, LMNR -10.3%, TME -5.6%, MIME -3%, TAK -1.8%
Other news:
- WBT -1% (investor day update)
- SRNE -0.8% (Scilex reported net sales of ZTlido for the quarter ended March 31, 2019 were ~$2.8 million)
- MMLP -0.8% (reports service disruption and structure damage at Neches Terminal in Texas)
- S -0.7% (after seeing late spike on reports that S/TMUS are considering merger concessions)
Analyst comments:
- SHOP -1.2% (downgraded to Underweight from Equal-Weight at Morgan Stanley)