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Company News for July 17, 2017

·         Shares of CyberArk Software Ltd CYBR tanked 16.3% after the company projected second-quarter 2017 revenues in the range of $57–$57.5 million, down from the previous guidance of $61–$62 million

·         Shares of Arconic Inc ARNC fell 0.3% after the company faced a shareholder lawsuit over the fatal fire at London’s Grenfell Tower

·         Shares of AT&T Inc. T increased 0.3% after CEO Randall Stephenson is expected to become executive chairman once the company completes its acquisition of Time Warner Inc TWX

·         Shares of Insys Therapeutics Inc INSY declined 5% after Anthem Inc (ANTM) filed a lawsuit against the drugmaker

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