Gapping down
In reaction to disappointing earnings/guidance:
- STML -18.2%, GME -9.7%, ACIW -7.8%, APHA -7%, BSX -6.3%, WFC -1.7%, BLDR -0.9%, ETH -0.7%
Other news:
- NK -7.4% (surged late in day on Bloomberg report that CEO claims pancreatic cancer patient achieved a complete response)
- STAG -1% (commences 8 mln share offering)
Analyst comments:
- TEX -1.6% (downgraded to Underweight from Equal Weight at Wells Fargo)
- TTWO -1.5% (downgraded to Equal-Weight from Overweight at Stephens)
- FCX -1.4% (downgraded to Underperform from Neutral at Credit Suisse)
- LOGI -1.3% (downgraded to Neutral from Overweight at JP Morgan)
- SPLK -0.9% (downgraded to Neutral at First Analysis Sec)
- X -0.8% (resumed with a Sell at Goldman)
- BP -0.7% (downgraded to Hold from Buy at Berenberg)