Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- WBA -1.2%
Other news:
- UNIS -61.6% (exploring bridge financing alternatives; issued notice to employees it may permanently close two facilities if not successful in obtaining financing)
- OHRP -19.6% (to offer shares of its common stock and warrants to purchase shares of its common stock in a public offering)
- BNTC -5.9% (modestly pulling back following yesterday's gains)
- QTNT -5.5% (to commence underwritten public offering of ordinary shares)
- SCM -2.7% (plans to make a public offering of its common stock)
- SHPG -1.4% (likely in sympathy with AZN and NVS, which were downgraded today)
Analyst comments:
- GNRC -2.1% (downgraded to Sector Weight from Overweight at KeyBanc Capital Mkts)
- AZN -1.2% (downgraded to Neutral from Buy at UBS)
- NVS -1% (downgraded to Market Perform from Outperform at Cowen)
- AMGN -0.8% (downgraded to Hold from Buy at Jefferies)
- AYI -0.5% (downgraded to Neutral from Buy at Goldman)