>>> US Gapping down

Gapping down

In reaction to earnings/guidance:

  • PRGS -10.5%, MU -3.9%, LAD -1% (also announces $700 mln share offering)

Other news:

  • APM -34.2% (prices offering of 2,769,231 Class A ordinary shares and warrants to purchase up to 2,769,231 Class A Ordinary Shares at $3.25 per share and related warrant)
  • FCEL -14.5% (prices offering of 43.5 mln shares of common stock at $2.10 per share)
  • OMI -4.3% (stock offering)
  • IMXI -3.3% (stock offering)
  • AMP -2.2% ($2.5 bln share repurchase authorization)
  • DIS -1.8% (to lay off 28,000 employees amid prolonged park closures, according to CNBC)
  • ARQT -1.7% (files for 4 mln share offering; also announces $35 mln private placement)
  • NEE -1.5% (to acquire GridLiance)

Analyst comments:

  • RUN -3.5% (downgraded to Neutral from Buy at Goldman)
  • MAS -2% (downgraded to Neutral from Buy at Goldman)
  • PBF -0.8% (downgraded to Equal Weight from Overweight at Wells Fargo)