Gapping down
In reaction to disappointing earnings/guidance: ARO -16.2%, SCVL -12.2%,ARUN -10.8%, VNET -5.2%, MENT -2.5%, YOKU -2.2%, CPWR -1.3%, MRVL-1.2%, DRYS -1%, ROST -0.9%, GPS -0.5%.
Other news: CSUN -8.6% (filed for $45 mln offering of ordinary shares or warrants), KERX -5.2% (receives notification of PDUFA date extension for Zerenex), YNDX -4.7% (Law enforcement starts search of YNDX offices related to Aleksey Navalny fundraising), INO -4.5% (announces 1 For 4 reverse split), MTDR-4.1% (announces commencement of public offering of 7.5 mln shares of Common Stock), HMC -2.2% (Thailand unit plans to lower output amid turmoil, according to reports), CTIC -1.4% (possible pull back from yesterday's gains), DEO -1.1% (potentially in sympathy with Remy Cointreau downgrade at HSBC), BUD -1% (potentially in sympathy with Remy Cointreau downgrade at HSBC), LNG -0.7% (BB story that LNG cos may see more competition amid China/Russia gas deal).
Analyst comments: SALE -2.5% (downgraded to Hold at Stifel), GAIN -1.7% (downgraded to Neutral from Buy at Ladenburg Thalmann), PUK -1.4% (Prudential Plc removed from Buy list at Goldman), AFL -0.5% (downgraded to Equal-weight from Overweight at Barclays).
Other news: CSUN -8.6% (filed for $45 mln offering of ordinary shares or warrants), KERX -5.2% (receives notification of PDUFA date extension for Zerenex), YNDX -4.7% (Law enforcement starts search of YNDX offices related to Aleksey Navalny fundraising), INO -4.5% (announces 1 For 4 reverse split), MTDR-4.1% (announces commencement of public offering of 7.5 mln shares of Common Stock), HMC -2.2% (Thailand unit plans to lower output amid turmoil, according to reports), CTIC -1.4% (possible pull back from yesterday's gains), DEO -1.1% (potentially in sympathy with Remy Cointreau downgrade at HSBC), BUD -1% (potentially in sympathy with Remy Cointreau downgrade at HSBC), LNG -0.7% (BB story that LNG cos may see more competition amid China/Russia gas deal).
Analyst comments: SALE -2.5% (downgraded to Hold at Stifel), GAIN -1.7% (downgraded to Neutral from Buy at Ladenburg Thalmann), PUK -1.4% (Prudential Plc removed from Buy list at Goldman), AFL -0.5% (downgraded to Equal-weight from Overweight at Barclays).