Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- SIG -13.1%, FUL -10%, PLXS -5.2%, MS -4.5%, BBT -3.3%, CSX -2.6%, TSM -2.1%, KEY -1.8%, KMI -1.5%, AA -1.3%,PPG -0.8%
Other news:
- ACB -7.9% (proposes to offer pursuant to a private placement US$250.0 mln convertible senior notes due 2024)
- RVNC -2.3% (prices public offering of 5,882,353 shares of its common stock at a price to the public of $17.00 per share)
- GCI -1.1% (after seeing late spike higher on WSJ report suggesting that Tribune Media recently tried to renew merger talks with GCI)
- AAPL -0.6% (attributed to reports of hiring freeze amid slowing iPhone sales)
Analyst comments:
- APTX -4.7% (downgraded to Neutral from Overweight at JP Morgan)
- EA -2.6% (downgraded to Hold from Buy at Jefferies)
- FULT -1.6% (downgraded to Neutral from Overweight at Piper Jaffray)
- CMG -1.6% (Downgrade to Hold on at Maxim)