Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- WAIR -16.2%, ADSK -12.1%, GSUM -6.5%, PSTG -4.8%, HTHT -4.1%, YIN -4%, OCSL -3.8%
Other news:
- KOOL -9.2% (continued weakness; proposes registered public offering of its common stock)
- RYB -9.1% (China Police say parents made up claims against RYB but one teacher apologies for using needles for discipline purposes, according to SCMP)
- STNG -6.4% (announces public offering of 30 mln common shares)
- TDOC -6.1% (files for $175 mln mixed securities shelf offering; proposes 3.25 mln share common stock offering - includes 3,250,000 shares offered by Teladoc and 830K by certain stockholders)
- XNET -3.7% (issues statement clarifying recent market developments, has requested that Big Data stop using the 'Xunlei' brand name immediately)
- MCF -2.9% (Frontier Communications will replace Contango Oil & Gas in the S&P SmallCap 600)
- NAVI -2.9% (Department of Education plans to look past traditional student loan servicing cos to manage portfolio of loans, according to WSJ)
- ATO -1.9% (prices offering of 4,558,404 shares of common stock for gross proceeds of approx $400 mln)
- APTO -1.6% (Aptose Biosciences files for 6,041,567 common share offering by the selling shareholder Aspire Capital), .
Analyst comments:
- WING -3.9% (removed from Conviction Buy List at Goldman; downgraded to Neutral from Buy at Guggenheim)
- PCAR -1.2% (downgraded to Neutral from Buy at Citigroup)