Gapping down
In reaction to disappointing earnings/guidance:
- CSIQ -1.5%
Other news:
- VSTM -11.3% (announces commencement of $35 mln common stock offering)
- CLXT -6.1% (files for offering of 3,050,000 shares of its common stock)
- ABR -3.3% (plans to make a public offering of 5.5 mln shares of its common stock)
- DB -2.9% (continued weakness)
- SAN -2.8% (may be in sympathy with DB)
- PRTY -2.6% (announces secondary offering of 12 mln shares by selling stockholder)
- ORA -2.3% (to restate its second, third and fourth quarter 2017 financial statements and full-year 2017 financial statements)
- CS -1% (may be in sympathy with DB)
- AMRS -0.7% (files to delay 10-Q)
Analyst comments:
- PPG -0.5% (downgraded to Hold from Buy at Jefferies)
- VIPS -0.6% (downgraded to Sector Weight from Overweight at KeyBanc Capital Mkts)
- MMM -0.9% (downgraded to Hold from Buy at Jefferies)
- CTL -1.1% (downgraded to Underperform from Neutral at Macquarie)
- SYMC -1.5% (downgraded to Neutral from Buy at Goldman)
- AVT -2.1% (downgraded to Sell from Neutral at Goldman)