Gapping down
In reaction to disappointing earnings/guidance: SWK -9.2%, WTSL -8.9%, JOEZ -7.6%, OCZ -3.8%, GY -2.9%, LLTC -2.7%, IBKR -1.4%, (light volume), LBY -0.9% (light volume), INTC -0.3%, (upgraded to Buy from Neutral at B. Riley).
Other news: ASTM -11.3% (trading post one-for-twenty reverse stock split), MCP -5% (prices 45 mln shares of common stock at $5.00 per share), GPOR -2.6% (reports 3Q2013 production above previous guidance; anticipates exiting 2013 with production in the range of 27,000 to 32,000 BOEPD), OMC -1.9% (reported earnings yesterday before the open), GDP -1.8% ( prices 6 mln shares of common stock at $25.25 per share), HLF -1.4% (will face charges from distributor has Judge did not throw out lawsuit, according to reports), GMCR -0.5% (following late weakness; attributed to Greenlight Capital increased its short position)
Analyst comments: ACI -2.9% ( downgraded to Underweight from Equal-Weight at Morgan Stanley), EXC -1.8% (downgraded to Underweight from Equal Weight at Morgan Stanley), SMCI -1.8% (Super Micro Computer downgraded to Hold from Buy at Stifel), ACHN -1.4% ( downgraded to Neutral from Outperform at Credit Suisse), LNC -0.4% (Lincoln National downgraded to Outperform from Strong Buy at Raymond James),NFLX -0.4% (downgraded to Hold from Buy at Hudson Square), FDX -0.2% (downgraded to Neutral from Buy at Buckingham Research)