Gapping down
In reaction to disappointing earnings/guidance:
- DWDP -10.2%, MUSA -9.9%, X -4.1%, CRUS -3.7%, RTN -3.2%, NOK -2.7%, UN -2.6%, BT -1.5%, NOC -1.4%, FLWS -1.4%, CACC -1%, BX -1%, MTH -0.9%, SHW -0.8%, APTV -0.7%, WCC -0.6%, FCFS -0.6%
Other news:
- TVPT -2.3% (Travelport Worldwide confirms expiration of 45-day "go-shop" period pursuant to the terms of the Merger Agreement and establishes meeting date of March 15, 2019)
Analyst comments:
- HRB -4.1% (downgraded to Sell from Neutral at Goldman)
- IVZ -1% (downgraded to Equal Weight from Overweight at Barclays)
- USCR -1% (downgraded to Hold from Buy at SunTrust)