Gapping down
In reaction to disappointing earnings/guidance:
- EXPD -7.8%, JBHT -5.6%, OZK -5.1%, CSX -2.9%, FAST -2%, CDE -1% (Q4 production and sales), PBCT -0.8%
Other news:
- BYND -0.8% (SYY launches meatless burger patty)
Analyst comments:
- UNFI -4% (downgraded to Underweight from Equal Weight at Wells Fargo)
- SFM -3.4% (downgraded to Underweight from Equal Weight at Wells Fargo)
- ARMK -3.2% (downgraded to Hold from Buy at Berenberg)
- CDW -2.6% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
- CAKE -2.1% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
- EBAY -1.4% (downgraded to Underweight from Equal Weight at Wells Fargo)
- TWTR -1.3% (downgraded to Neutral from Buy at UBS)
- IBM -1.1% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
- PII -1% (downgraded to Neutral from Outperform at Wedbush)
- ADSK -0.6% (downgraded to Perform from Outperform at Oppenheimer)