Gapping down
In reaction to disappointing earnings/guidance: KKD -16.9%, MTH -5%, LULU -4.8%, PAHC -2.3%
Select Brazil related stocks trading lower after S&P downgrades Brazil's sov rating: PBR -6.3%, VALE -5.4%, ITUB -5.2%, GGB -4.3%, ABEV -3.6%, SID -2.7%, VIV -2.5%, CBD -2.4%, BSBR -1.9%, CIG -1.6%
Other news: YGE -13.1% (light volume, weak in pre-mkt following yday's strength), AMID -12.8% (announced public offering of 7.5 mln common units), LJPC -8.9% (announced an underwritten offering of common stock; size and terms not disclosed), USAC -8.1% (announced an underwritten public offering of 4 mln common units), USAC -8.1% (announces an underwritten public offering of 4 mln common units), EWZ -4.6% (Brazil ETF lower following rating cut at S&P), MBLY -3.4% (still checking), AQXP -2.7% (prices offering of 5,500,000 shares of common stock at $15.50 per share), SGEN -1.9% (filed mixed securities shelf offering; co also announced a $400 mln offering of common stock), ONCE -1.4% (announced a database lock for the Phase 3 clinical trial of its lead program, SPK-RPE65, for the treatment of RPE65-mediated inherited retinal dystrophies)
Analyst comments: WMB -1.1% (downgraded to Market Perform from Outperform at Wells Fargo), EBAY -1% (downgraded to Hold from Buy at Cantor Fitzgerald)