Gapping down
In reaction to disappointing earnings/guidance: ACTG -17.4%, AMD -9.5%, TXT -6.3%, ISRG -6%, BGS -3.1%, RMBS -2.1%, (light volume), STI -1.9%, HON -0.9%.
Other news: PSDV -47.4% and ALIM -38.7% (receive Complete Response Letter For ILUVIEN), ARIA -29.8% (announces discontinuation of the Phase 3 Epic Trial of Iclusig in Patients with Newly Diagnosed Chronic Myeloid Leukemia), VLCCF -10.6% (announced a public offering of common shares), CIDM -8.5% (intends to offer and sell in an underwritten public offering 7,904,340 registered shares of Class A common stock, to acquire Gaiam's entertainment unit for $51.5 mln), EVEP -5.1% (announces public offering of 5 mln of its common units representing limited partner interests), TAM -5.1% (still checking), CMLP -2.7% (commenced an underwritten public offering of 14,000,000 common units representing limited partner interests), SAP -1.8% and ASML -1.6% (still checking), OMER -0.5% (files for $100 mln mixed securities shelf offering to replace expiring universal shelf registration statement), .
Analyst comments: SWIR -3.5% ( downgraded to Mkt Perform from Outperform at Raymond James), AMRN -2% (downgraded to Neutral from Buy at Citigroup), MPWR -1.7% (downgraded to Market Perform from Outperform at Wells Fargo), IRF -1.6% (downgraded to Market Perform at Wells Fargo), PNRA -1.3% (downgraded to Neutral from Outperform at Wedbush ), BAX -0.5% (downgraded to Market Perform from Outperform at Raymond James, downgraded to Equal-Weight from Overweight at Morgan Stanley)