Gapping down
In reaction to earnings/guidance:
- CLX -12.4%, SKYW -9.7%, F -5.5%, LGF.A -3.5%, NOV -3.3%, DLB -2.7% (also acquires Millicast), APD -2.4%, RGA -1.6%, MCHP -1.3% (also increases dividend), OTEX -1.1% (also co and Google Cloud to collaborate on next generation content services), SWKS -0.8%, PRU -0.8%, SNY -0.7%, SPB -0.6%, ETN -0.5%
Other news:
- VNDA -26.1% (reports results from the Phase III study of tradipitant in gastroparesis; did not meet its prespecified primary endpoint)
- OCFC -1.2% (to acquire majority interest in Trident Abstract Title Agency)
- COST -0.6% (names new COO)
Analyst comments:
- KLIC -2.9% (downgraded to Hold from Buy at Needham)
- BIIB -2% (downgraded to Market Perform from Outperform at BMO Capital Markets)
- CI -1.6% (downgraded to Hold from Buy at Deutsche Bank)
- EXC -1.1% (downgraded to Neutral from Buy at Goldman)