Gapping down
In reaction to disappointing earnings/guidance:
- QD -9.1%
M&A news:
- EL -1.6% (to acquire remaining stake in Have & Be Co)
- HPQ -1.1% (HP unanimously rejects unsolicited proposal from Xerox (XRX), says open to exploring whether there is value to be created through a potential combination)
Select metals/mining stocks trading lower:
- GFI -1.7%, BTG -1.1%, GDX -1.1%, SBGL -0.9%, SLV -0.9%, GOLD -0.9%, NEM -0.9%, AEM -0.9%, GLD -0.7%
Other news:
- DAC -4.7% (to offer $55 mln of its common stock)
- MGI -3.4% (provides restructuring update)
- LN -1.7% (confirms agreement to form capital alliance with Z Holdings)
- HEXO -1.1% (provides additional information about licensing at its facility in Niagara, Ontario)
Analyst comments:
- N/A.