Gapping down
In reaction to disappointing earnings/guidance: KING -21.3%, SEAS -20.6%, CREE -9.8%, QNST -9.8%, FMI -6.4%, EPZM -6%, MYGN -5.8%, M -5%, ARWR -5%, JDSU -4.4%, VSAT -3.9%, SYNC -3%, EPAY -2.4%, FOSL -2.4%, DE -0.7%.
Select metals/mining stocks trading lower: AG -3.9%, AG -3.9%, RIO -3.3%, BHP -0.9%, GOLD -0.9%.
Other news: RIGL -8.7% (nnounces R348 did not meet endpoints in Phase 2 dry eye study), EPZM -6% (late move higher on presentation slides), CRTN -4.2% (filed for ~5.61 mln share common stock offering by selling shareholders), NCT -3.1% (announces public offering of 40 mln shares of common stock), MATR -3.1% (announced public offering of 40 mln shares of common stock), REXX-2.4% (Announces Significant Acquisition in Its Butler Operated Area for ~$120 mln in cash), REXX -2.4% (announced a significant acquisition in its Butler Operated Area for ~$120 mln in cash; co also announced a proposed offering of $125 mln of depositary shares representing convertible perpetual preferred stock), TKMR -2.2% (following yesterday's 5 pt+ pullback), NWPX -2.1% (filed to delay its 10-Q; identified a material weakness in its internal control over financial reporting), REXR -1.9% (commences public offering of 15 mln shares of its common stock), INSM -1.9% (priced public offering of 8.9 mln shares of common stock at $11.25 per share), EBAY -1.4% (Channel Advisor SSS), CLDN -0.6% (prices public offering of 4 mln shares of common stock at $9.50 per share),ALV -0.5% (announces new operating structure).
Analyst comments: CSRE -4.5% (downgraded to Hold from Buy at Jefferies).
Select metals/mining stocks trading lower: AG -3.9%, AG -3.9%, RIO -3.3%, BHP -0.9%, GOLD -0.9%.
Other news: RIGL -8.7% (nnounces R348 did not meet endpoints in Phase 2 dry eye study), EPZM -6% (late move higher on presentation slides), CRTN -4.2% (filed for ~5.61 mln share common stock offering by selling shareholders), NCT -3.1% (announces public offering of 40 mln shares of common stock), MATR -3.1% (announced public offering of 40 mln shares of common stock), REXX-2.4% (Announces Significant Acquisition in Its Butler Operated Area for ~$120 mln in cash), REXX -2.4% (announced a significant acquisition in its Butler Operated Area for ~$120 mln in cash; co also announced a proposed offering of $125 mln of depositary shares representing convertible perpetual preferred stock), TKMR -2.2% (following yesterday's 5 pt+ pullback), NWPX -2.1% (filed to delay its 10-Q; identified a material weakness in its internal control over financial reporting), REXR -1.9% (commences public offering of 15 mln shares of its common stock), INSM -1.9% (priced public offering of 8.9 mln shares of common stock at $11.25 per share), EBAY -1.4% (Channel Advisor SSS), CLDN -0.6% (prices public offering of 4 mln shares of common stock at $9.50 per share),ALV -0.5% (announces new operating structure).
Analyst comments: CSRE -4.5% (downgraded to Hold from Buy at Jefferies).