>>> USGapping down

Gapping down
In reaction to disappointing earnings/guidance
:
  • FH -19.1%, USNA -14%, AKAM -6.7%, UHS -6.7%, WYNN -4.4%, CHGG-4.2%, SIX -4.1%, USG -3.8%, CSL -3.6%, AMGN -2.9%, HA -2.9%, DHI-2.7%, ANGI -2.7%, LN -2.6%, SFLY -2.3%, BKU -2%, F -2%, ESRX -1.9%,RHI -1.8%, JNPR -1.5%, HT -1.5%, IR -1.4%, AOS -0.9%, .
Other news:
  • OEC -6.8% (offers prelim Q2 results, prices secondary offering by selling shareholders of 10 mln shares of common stock at $21.85)
  • MC -4.3% (prices 6 mln shares of common stock at $42.00 per share)
  • APRN -3.3% (details several changes to executive leadership team; Co-Founder and Chief Operating Officer Matthew Wadiak stepping down from role)
  • PLX -2.6% (enters exchange agreement of $9 mln of its 4.50% Senior Convertible Notes due 2018 for $8.55 million aggregate principal amount of newly issued 4.50% Senior Convertible Notes due 2022)
  • MLCO -2% (WYNN sympathy)
  • LVS -1.4% (WYNN sympathy)
Analyst comments:
  • DISH -1.7% (upgraded to Overweight from Underweight at Morgan Stanley)
  • LAMR -1.4% (downgraded to Market Perform from Outperform at Wells Fargo)
  • PWR -1.2% (downgraded to Neutral at Robert Baird)
  • JBLU -1.1% (downgraded to Neutral from Buy at Buckingham Research)
  • ZTS -0.8% (downgraded last night to Hold from Buy at Deutsche Bank)