Gapping down
In reaction to disappointing earnings/guidance:
GIL -27.9%, CVTI -13.4%, BDN -10.9%, WDFC -5.3%, EXPO -4%, OZK -2.7%, SXT -2.3%, MAN -2.1%, IHG -1.8%
Other news:
NNA -15.7% (proposes registered direct offering of common stock)
HBI -5.3% (following GIL guidance)
TW -0.6% (upsizes and prices offering of 17,287,878 shares of its Class A common stock at $42.00 per share)
Analyst comments:
GPS -5.6% (downgraded to Underperform from Neutral at Credit Suisse)
LB -5.6% (downgraded to Underperform from Neutral at Credit Suisse)
M -4.7% (downgraded to Underperform from Neutral at Credit Suisse)
A -2% (downgraded to Neutral from Buy at UBS)
ACHN -1.3% (downgraded to Mkt Perform from Outperform at SVB Leerink)
WM -1.3% (downgraded to Neutral from Buy at BofA/Merrill)
CAT -0.8% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
