Gapping down
In reaction to disappointing earnings/guidance: PETM -8%, AEO -5.1%, INTU -4.6%, HRL -3.9%, DY -2.9%, VSAT -2.8%, MMYT -0.9%, CRM -0.5%, .
Other news: MEIL -20.8% (announced proposed public offering of common stock; size not disclosed), ELY -4.2% (cont weakness), NBL -2.3% (announces termination of Leviathan MoU with Woodside), IPCI -2% (filed for $100 mln mixed securities shelf offering), ARCP -1.9% (launches an offering of 100 mln shares of its common stock; intends to sell multi-tenant shopping center portfolio to Blackstone (BX)), CNMD -1.3% (following late move lower on scepticism surrounding sale process), ST -1.3% (announced offering of 11.5 mln ordinary shares by selling shareholder and repurchase of its ordinary shares).
Analyst comments: NUVA -1.4% (downgraded to Hold from Buy at Needham), DKS -0.7% (downgraded to Neutral from Buy at Goldman; removed from Conviction Buy list, downgraded to Hold from Buy at Canaccord Genuity), POT -0.6% (downgraded to Mkt Perform from Outperform at Raymond James)
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In reaction to disappointing earnings/guidance: PETM -8%, AEO -5.1%, INTU -4.6%, HRL -3.9%, DY -2.9%, VSAT -2.8%, MMYT -0.9%, CRM -0.5%, .
Other news: MEIL -20.8% (announced proposed public offering of common stock; size not disclosed), ELY -4.2% (cont weakness), NBL -2.3% (announces termination of Leviathan MoU with Woodside), IPCI -2% (filed for $100 mln mixed securities shelf offering), ARCP -1.9% (launches an offering of 100 mln shares of its common stock; intends to sell multi-tenant shopping center portfolio to Blackstone (BX)), CNMD -1.3% (following late move lower on scepticism surrounding sale process), ST -1.3% (announced offering of 11.5 mln ordinary shares by selling shareholder and repurchase of its ordinary shares).
Analyst comments: NUVA -1.4% (downgraded to Hold from Buy at Needham), DKS -0.7% (downgraded to Neutral from Buy at Goldman; removed from Conviction Buy list, downgraded to Hold from Buy at Canaccord Genuity), POT -0.6% (downgraded to Mkt Perform from Outperform at Raymond James)
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