Gapping down
In reaction to disappointing earnings/guidance:
- MMSI -37.5%, SUNW -33.3%, PVG -22.4%, TEX -11.7%, HVT -10.1%, TTMI -10%, NGHC -9.7%, RBBN -8.8%, HBI -8.2%, NOVA -7.6%, WDC -7.5% (also CEO, Steve Milligan, to retire), FARO -7.4%, SOI -7.3%, ETSY -7.2%, TWLO -7.1%, SWI -7%, CF -6.5%, AKS -6.4%, W -6.3%, PKI -5.4%, LNC -5%, YETI -4.9%, DDD -4.6%, CREE -4.4%, BLDP -4%, RDS.B -3.6%, NR -3.3%, RDS.A -3.2%, APRN -2.8%, FLR -2.7%, CNMD -2.6%, CHEF -2.5%, NLY -2.4%, EL -2.4%, IRM -2.4%, DLPH -2.2%, FLIR -2.1%, EXEL -1.9%, BLL -1.9%, LYG -1.7%, CMPR -1.6%, TYL -1.6%, DCO -1.5%, TS -1.5%, WCC -1.5%, ENSG -1.4%, PENN -1.4%, BBVA -1.3%, EIGI -1.2%, SPR -1.2%, XHR -1.1%
Other news:
- CROX -6.6% (announces that certain selling stockholders affiliated with Blackstone have commenced a secondary offering of 6,864,545 shares of common stock)
- TWTR -1.5% (following comments from CEO Jack Dorsey - CEO Jack Dorsey says company has made decision to "stop all political advertising on Twitter globally")
- MU -1.3% (following WDC results)
- ICL -0.9% (signs contract for sale of potash to a customer in India)
- STX -0.8% (following WDC results),
Analyst comments:
- SLCA -2.1% (downgraded to Underweight from Equal Weight at Barclays)
- LUV -1.2% (downgraded to Mkt Perform from Outperform at Bernstein)
- OI -0.9% (downgraded to Market Perform from Outperform at Wells Fargo)
- R -0.9% (downgraded to Hold from Buy at Stifel)