Gapping down
In reaction to disappointing earnings/guidance: SNMX -41.5%, (also notes that PepsiCo will not be proceeding with launch of reformulated Mug Root Beer containing Sweetmyx ), CEMP -17.2%, MCK -15.7%, EHTH -14.3%, (announces the outcome of its 100-day strategic review process; plans to migrate and focus its business activities on the Medicare and small business insurance markets ), YRCW -13.9%, NVO -13.8%, SYNA -11.4%, CENX -11%, NSR -11%,ATEN -9.9%, (also Board authorizes a $20 mln share repurchase program),KONA -7%, GT -6.7%, ARAY -6.5%, TDOC -6%, ABBV -5.6%, AMZN -5.4%, BOFI-5.1%, ASGN -4.7%, BGS -4.7%, CBOE -4%, MLNX -3.8%, ABEV -3.7%, LITE-3.6%, AMGN -3.5%, AMGN -3.5%, BUD -3.3%, DRAD -3.1%, MOH -2.9%, AUY-2.8%, OII -2.8%, NWL -2.6%, TLGT -2.3%, SPCB -2.3%, TEN -2.3%, IRT -2%,RBS -1.9%, XRX -1.8%, SIMO -1.7%, XOM -1.4%, EGO -0.9%, COG -0.9%, APO-0.8%, MGI -0.8%, .
Select metals/mining stocks trading lower: SBGL -3.7%, GFI -2%, AU -1.7%,DRD -1.5%, .
Other news:
In reaction to disappointing earnings/guidance: SNMX -41.5%, (also notes that PepsiCo will not be proceeding with launch of reformulated Mug Root Beer containing Sweetmyx ), CEMP -17.2%, MCK -15.7%, EHTH -14.3%, (announces the outcome of its 100-day strategic review process; plans to migrate and focus its business activities on the Medicare and small business insurance markets ), YRCW -13.9%, NVO -13.8%, SYNA -11.4%, CENX -11%, NSR -11%,ATEN -9.9%, (also Board authorizes a $20 mln share repurchase program),KONA -7%, GT -6.7%, ARAY -6.5%, TDOC -6%, ABBV -5.6%, AMZN -5.4%, BOFI-5.1%, ASGN -4.7%, BGS -4.7%, CBOE -4%, MLNX -3.8%, ABEV -3.7%, LITE-3.6%, AMGN -3.5%, AMGN -3.5%, BUD -3.3%, DRAD -3.1%, MOH -2.9%, AUY-2.8%, OII -2.8%, NWL -2.6%, TLGT -2.3%, SPCB -2.3%, TEN -2.3%, IRT -2%,RBS -1.9%, XRX -1.8%, SIMO -1.7%, XOM -1.4%, EGO -0.9%, COG -0.9%, APO-0.8%, MGI -0.8%, .
Select metals/mining stocks trading lower: SBGL -3.7%, GFI -2%, AU -1.7%,DRD -1.5%, .
Other news:
- STON -35.5% (Reduces quarterly distribution to $0.33/unit from $0.66/unit )
- DRYS -14.1% (Board has determined to effect a one-for-15 reverse stock split of the Company's issued common shares; will take effect November 1, 2016 )
- CAH -10.8% (following MCK results)
- ABC -9.4% (following MCK results)
Analyst comments:
- NOK -3.8% (downgraded to Neutral from Outperform at Exane BNP Paribas)
- AMFW -3.7% (downgraded to Neutral from Buy at Goldman)
- AUO -2.4% (downgraded to Neutral from Buy at Nomura)
- GNC -1.8% (downgraded to Underperform from Neutral at BofA/Merrill)