Gapping down
In reaction to disappointing earnings/guidance: JMEI -9.7%, RENN -7.3%, PLKI -6.1%, WUBA -4.1%, MOMO -3.8%, SMTC -3.2%, LB -2.7%, YOKU -0.8%, KIRK -0.7%, EHIC -0.5%
Select financial related names showing weakness: NBG -5.7%, ING -1.7%, C -1.1%, BAC -1%, JPM -0.9%, HSBC -0.9%
Other news: SVM -8.9% (co to voluntarily withdraw its common shares from listing on the New York Stock Exchange), PSTR -4.9% (co received a notice of non-compliance from Nasdaq, for not maintaining $10 mln in equity; co intends to be delisted and trade OTC), BITA -3.4% (Chinese mkt down over 3% last night), INFY -2.8% (India mkts down over 1% overnight), TTM-2.8% (India mkts down over 1% overnight), TM -2% (traded lower in Japan after dg yestday), WD -1.7% (announced that it has originated 28 loans worth ~$465 mln, secured by a portfolio of properties acquired by New Senior Investment Group), GPRO -1.7% (weak with overall mkt), TWTR -1.3% (cont weakness), TSLA -1.3% (weak with overall mkt), NFLX -1.3% (weak with overall mkt), PYPL -1% (cont vol in pre-mkt)
Analyst comments: MU -2.3% (downgraded to Neutral at Robert W. Baird), DIS -2% (downgraded to Mkt Perform from Outperform at Bernstein), TFM -1.8% (downgraded to Underperform from Neutral at BofA/Merrill), UNP -1% (downgraded to Neutral from Outperform at Macquarie)
In reaction to disappointing earnings/guidance: JMEI -9.7%, RENN -7.3%, PLKI -6.1%, WUBA -4.1%, MOMO -3.8%, SMTC -3.2%, LB -2.7%, YOKU -0.8%, KIRK -0.7%, EHIC -0.5%
Select financial related names showing weakness: NBG -5.7%, ING -1.7%, C -1.1%, BAC -1%, JPM -0.9%, HSBC -0.9%
Other news: SVM -8.9% (co to voluntarily withdraw its common shares from listing on the New York Stock Exchange), PSTR -4.9% (co received a notice of non-compliance from Nasdaq, for not maintaining $10 mln in equity; co intends to be delisted and trade OTC), BITA -3.4% (Chinese mkt down over 3% last night), INFY -2.8% (India mkts down over 1% overnight), TTM-2.8% (India mkts down over 1% overnight), TM -2% (traded lower in Japan after dg yestday), WD -1.7% (announced that it has originated 28 loans worth ~$465 mln, secured by a portfolio of properties acquired by New Senior Investment Group), GPRO -1.7% (weak with overall mkt), TWTR -1.3% (cont weakness), TSLA -1.3% (weak with overall mkt), NFLX -1.3% (weak with overall mkt), PYPL -1% (cont vol in pre-mkt)
Analyst comments: MU -2.3% (downgraded to Neutral at Robert W. Baird), DIS -2% (downgraded to Mkt Perform from Outperform at Bernstein), TFM -1.8% (downgraded to Underperform from Neutral at BofA/Merrill), UNP -1% (downgraded to Neutral from Outperform at Macquarie)