UP AFTER EARNINGS: Alibaba (BABA), up 2.6%… L Brands (LB), up 7.8%… Ralph Lauren (RL), up 7.9%… Shake Shack (SHAK), up 3.8%. ALSO HIGHER: Amedisys (AMED), up 10% after the Centers for Medicare & Medicaid Services yesterday announced it is not finalizing the Home Health Groupings Model and “will take additional time to further engage with stakeholders to move towards a system that shifts the focus from volume of services to a more patient-centered model.” Almost Family (AFAM) and LHC Group (LHCG) may also be active today on the news. DOWN AFTER EARNINGS: Tesla (TSLA), down 5.8%… Facebook (FB), down 0.4%… Oclaro (OCLR), down 18%… Wayfair (W), down 19%… FireEye (FEYE), down 7.8%… GoPro (GPRO), down 9%… Newell Brands (NWL), down 22%. ALSO LOWER: Square (SQ), down 3% after Stifel analyst Scott Devitt downgraded the stock to Hold ahead of the company’s upcoming earnings report, citing valuation.
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