Gapping down
In reaction to disappointing earnings/guidance: LDRH -18.8%, RT -7.9%, GPS -6.7%, ANGO -4.3%, VSH -3.8%, AA -3.7%
Other news: SCON -31% (announces a proposed registered public offering of its securities), RENN -11.5% (still checking; light volume), VSTM -5.6% (announced a reduction of its workforce by ~50% to 20 full time employees), NEWT -2.7% (prices 2 mln shares of common stock at $16.50), SRCL -1.3% (entered into a settlement agreement for its ongoing qui tam lawsuit, whereby the co will pay $26.75 mln to the federal government)
Analyst comments: TSLA -2.5% (downgraded to Underweight from Equal Weight at Barclays), PCAR -1.2% (downgraded to Neutral from Overweight at JP Morgan), ECL -1.1% (downgraded to Neutral from Overweight at JP Morgan), GPN -1% (downgraded to Hold from Buy at Jefferies), SLH -0.9% (downgraded to Neutral from Buy at Goldman), NGG -0.9% (downgraded to Neutral at BofA/Merrill)
In reaction to disappointing earnings/guidance: LDRH -18.8%, RT -7.9%, GPS -6.7%, ANGO -4.3%, VSH -3.8%, AA -3.7%
Other news: SCON -31% (announces a proposed registered public offering of its securities), RENN -11.5% (still checking; light volume), VSTM -5.6% (announced a reduction of its workforce by ~50% to 20 full time employees), NEWT -2.7% (prices 2 mln shares of common stock at $16.50), SRCL -1.3% (entered into a settlement agreement for its ongoing qui tam lawsuit, whereby the co will pay $26.75 mln to the federal government)
Analyst comments: TSLA -2.5% (downgraded to Underweight from Equal Weight at Barclays), PCAR -1.2% (downgraded to Neutral from Overweight at JP Morgan), ECL -1.1% (downgraded to Neutral from Overweight at JP Morgan), GPN -1% (downgraded to Hold from Buy at Jefferies), SLH -0.9% (downgraded to Neutral from Buy at Goldman), NGG -0.9% (downgraded to Neutral at BofA/Merrill)