>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • LLNW -19.8%, USX -14.1%, EHTH -9.9%, INTC -9.6%, MANH -6.3%, STX -3.5% (also increases dividend and buyback authorization), AXP -2.9%, CYBE -2.3%, RHI -2.3%, ABB -2.1%, BJRI -2%, VNE -1.6%, CLGX -1.5%, CLF -1.5%

Other news:

  • MIST -18.6% (prices underwritten public offering of 3,810,097 of its common shares)
  • WDC -1% (in sympathy with STX earnings)
  • ASR -0.5% (reports Q3 results with traffic down 70.2%)

Analyst comments:

  • FSLY -2.2% (downgraded to Underweight from Neutral at Piper Sandler)
  • CTXS -0.7% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
  • SON -0.6% (downgraded to Neutral from Buy at BofA Securities)