Gapping down
In reaction to disappointing earnings/guidance: GALE -16.1%, YGE -10.5%, TWER -10%, INTX -6.9%, DTSI -3.8%, PRKR -2.5%, DLR -1.9%, SNOW -1.4%, RLYP -1.2%, FSM -1%.
Select metals/mining stocks trading lower: SLW -1.9%, ABX -1.8%, SLV -1.7%, HL -1.5%, GG -1.5%, HMY -1.4%, AU -1.3%, NEM -1.3%, IAG -1.3%, GDX -1.2%, GLD -0.9%.
Other news: KIOR -46.7% (after it disclosed that it determined that impairment indicators existed related to the Columbus facility as a result of the Columbus facility not generating positive cash flows; says plan to pursue the required financing), OXBT -7.4% (announces proposed public offering), JRCC -5.7% (filed to delay form 10-K), GME -5.4% (Wal-Mart (WMT) introduces new trade-in and pre-owned video game services and offering, starting Mar 26), CCRN -4.9% (provides updated fourth quarter & Full Year 2013 financial results), CHH -3.2% (announced secondary offering of 3 mln shares of common stock by selling stockholders), SFM -3% (filed for 15 mln share common stock offering by selling shareholders), GBDC -2.8% (announced public offering of 3.5 mln shares of its common stock), CRTO -2.2% announced public offering of 5.25 mln ADSs, each representing one of Criteo's ordinary shares;), EOX -1.9% (announced offering of $125 mln in aggregate principal amount of Convertible Senior Notes due 2019), DLR -1.9% (announced Michael F. Foust Departs as Chief Executive Officer; Board Appoints A. William Stein as interim Chief Executive Officer), YY -1.8% (announced proposed offering of $400 mln convertible senior notes), CUTR -1.6% (filed to delay from 10-K), FRC -1.4% (announced 3.5 mln share Common Stock Offering) SNE -0.9% (weakness overseas following Sony Pictures layoff announcement yest).
Analyst comments: SFLY -6.7% ( downgraded to Undperform from Outperform at Cowen), EJ -2.1% (removed from Conviction Buy list at Goldman), UMPQ -1.6% (downgraded to Sector Perform at RBC Capital Mkts), KORS -0.7% (initiated with an Underweight at Barclays), CSCO -0.7% (downgraded to Equal Weight from Overweight at Barclays).