Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- BPMX -7.7%, TAX -5%, LEJU -2.1%
Other news:
- ALDX -25.5% (light volume; to host a conference call and webcast on Wednesday, June 14, 2017 at 8:00 A.M. EDT to discuss results from its Phase 2b Allergic Conjunctivitis Trial)
- SQNS -5.7% (to offer newly issued American Depositary Shares, representing ordinary shares, in an underwritten public offering)
- WLL -2.8% (pulling back after closing near highs)
- MRO -2% (following API data and IEA report)
- SNCR -1.9% (light volume; independent registered public accounting firm concluded that previously issued financial statements for 2015/2016 fiscal years and the respective quarterly periods should be restated and should no longer be relied upon)
- KMDA -1.9% (slightly pulling back following recent strength in stock)
- BIIB -1.5% (CFO Paul Clancy to depart)
Analyst comments:
- HA -3.7% (downgraded to Sell at Stifel)
- FIVE -0.8% (downgraded to Sector Weight from Overweight at KeyBanc Capital Mkts)
- SBUX -0.8% (downgraded to Neutral from Outperform at Wedbush)
- APC -0.5% (downgraded to Underweight from Equal Weight at Barclays)