Gapping down
In reaction to disappointing earnings/guidance: SONC -4.9%, AN -4.8%, CNX -3.9%, CMG -2.9%, MSM -2.8%, MON -1.3%
Select metals stocks trading lower: BBL -7.4%, MT -7.3%, BHP -6.8%, RIO -6.6%, VALE -5.4%, FCX -4.2%, X -4%, AA -3%
Select oil/gas related names showing early weakness: LEI -5.8%, SDRL -5.8%, STO -3.9%, PBR -3.8%, RDS.A -3.6%, RIG -3.3%
Other news: EPZM -10.4% (proposed public offering of $120 mln in stock), CEMP -9.5% (to offer and sell shares of its common stock with a price of ~$175 mln in an offering), PXD -8.3% (upsizes and prices 12 mln shares of common stock at $117.00 per share), TXMD -7.6% (launched $125 mln offering of common stock), SAGE -7.5% (filed mixed securities shelf offering for an undisclosed amount, commenced an offering of $150 mln of its common stock), OTIC -5.7% (announced $100 mln stock offering), ACAD -5.1% (proposed public offering of $300 mln in shares of common stock), ESV -3.3% (receives notice from Petrobras (PBR) asserting that Petrobras believes the DS-5 drilling services contract is void effective January 4), VRX -3.2% (looking to appoint a new CEO as Michael Pearson remains hospitalized, according to the WSJ), PRTA -3% (commenced an underwritten public offering of 2.25 mln of ordinary shares), SWHC -2.9% (modest pull back following yday's strength), ASML -2.9% (in symp with AAPL), XLRN -2.7% (prices offering of 3,750,000 shares of common stock at $40.00 per share), UN -2.4% (still checking), NXPI -2.2% (in symp with AAPL), AAPL-2.2% (cont weakness following yday's nikkei story)
Analyst comments: QLIK -4.3% (downgraded to Sector Weight from Overweight at Pacific Crest), HSBC -4.1% (downgraded to Underweight at JP Morgan), WDAY -2.9% (downgraded to Equal Weight from Overweight at Barclays), MASI -2.9% (downgraded to Outperform from Strong Buy at Raymond James), CHKP -2.6% (downgraded to Underweight from Equal Weight at Barclays), HCP -2.6% (downgraded to Underweight from Equal Weight at Barclays), H -2.5% (downgraded to Neutral from Overweight at JP Morgan)
In reaction to disappointing earnings/guidance: SONC -4.9%, AN -4.8%, CNX -3.9%, CMG -2.9%, MSM -2.8%, MON -1.3%
Select metals stocks trading lower: BBL -7.4%, MT -7.3%, BHP -6.8%, RIO -6.6%, VALE -5.4%, FCX -4.2%, X -4%, AA -3%
Select oil/gas related names showing early weakness: LEI -5.8%, SDRL -5.8%, STO -3.9%, PBR -3.8%, RDS.A -3.6%, RIG -3.3%
Other news: EPZM -10.4% (proposed public offering of $120 mln in stock), CEMP -9.5% (to offer and sell shares of its common stock with a price of ~$175 mln in an offering), PXD -8.3% (upsizes and prices 12 mln shares of common stock at $117.00 per share), TXMD -7.6% (launched $125 mln offering of common stock), SAGE -7.5% (filed mixed securities shelf offering for an undisclosed amount, commenced an offering of $150 mln of its common stock), OTIC -5.7% (announced $100 mln stock offering), ACAD -5.1% (proposed public offering of $300 mln in shares of common stock), ESV -3.3% (receives notice from Petrobras (PBR) asserting that Petrobras believes the DS-5 drilling services contract is void effective January 4), VRX -3.2% (looking to appoint a new CEO as Michael Pearson remains hospitalized, according to the WSJ), PRTA -3% (commenced an underwritten public offering of 2.25 mln of ordinary shares), SWHC -2.9% (modest pull back following yday's strength), ASML -2.9% (in symp with AAPL), XLRN -2.7% (prices offering of 3,750,000 shares of common stock at $40.00 per share), UN -2.4% (still checking), NXPI -2.2% (in symp with AAPL), AAPL-2.2% (cont weakness following yday's nikkei story)
Analyst comments: QLIK -4.3% (downgraded to Sector Weight from Overweight at Pacific Crest), HSBC -4.1% (downgraded to Underweight at JP Morgan), WDAY -2.9% (downgraded to Equal Weight from Overweight at Barclays), MASI -2.9% (downgraded to Outperform from Strong Buy at Raymond James), CHKP -2.6% (downgraded to Underweight from Equal Weight at Barclays), HCP -2.6% (downgraded to Underweight from Equal Weight at Barclays), H -2.5% (downgraded to Neutral from Overweight at JP Morgan)