Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- FL -8.6%, CPB -5%, GLOB -1.8%, QSII -0.6%
Other news:
- XBIT -10.4% (received a negative opinion from the European Medicines Agency's CHMP for its Marketing Authorization Application for its lead product candidate in Europe)
- HALO -8.2% (prices 10 mln shares of common stock at $12.50 per share)
- GSBD -3.4% (prices 3.25 mln share common stock offering at $22.50/share)
- RSPP -3.3% (commences secondary offering of 15 mln shares of its common stock by Silver Hill Energy Partners Holdings; also files for 27,876,089 share common stock offering by holders)
- NKE -0.7% (in sympathy with FL)
Analyst comments:
- COF -1% (Wells Fargo downgrades Credit Card sector to Market Weight from Overweight)