Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- CFMS -38.6%, GNC -20.4%, BBW -17.6%, MOH -16.7%, CLD -14.8%, (Cloud Peak Energy replaces its throughput agreement with Westshore Terminals Limited Partnership)
- OMCL -10.8%, HAWK -9%, CAR -8.1%, AVP -6.1%, DF -6.1%, TRIP -5.8%, GDDY -5.8%, HOS -5%, MGM -4.7%, SPWR -4.6%, GEL -4%, CF -3.6%
- CAB -3.3%, MZOR -3.2%, LSCC -2.8%, MMLP -2.7%, (commences 2.6 mln common units offering), CNNX -2.7%, CYS -2.5%, AEM -2.4%, KHC -2.2%
- HIMX -1.9%, WM -1.8%, KGC -1.3%, CBS -1.1%, NCI -1.1%, QTWO -1%, NICE -1%, BCOR -1%, CSV -0.9%,CSV -0.9%, DUK -0.9%
Other news:
- ACUR -32.8% (to be delisted from the Nasdaq; will begin to trade on the OTCQB on February 23)
- EVOK -10.3% (intends to offer and sell shares of its common stock in a 'firm commitment' underwritten public offering)
- NGL -6% (upsizes offering by 800K units and prices 8.8 mln common units for gross proceeds of $198 mln)
- CRSP -5.7% (CRISPR Therapeutics to host call to provide update on the CRISPR/Cas9 U.S. patent interference proceedings and corresponding U.K. patents tomorrow February 16 at 11am ET)
- MMLP -2.7% (commences 2.6 mln common units offering)
- ATKR -2.4% (commences 8 mln common stock offering by selling stockholder CD&R Allied Holdings, L.P., an affiliate of Clayton, Dubilier & Rice)
- TRU -2.1% (prices secondary offering by certain of its stockholders of 19.85 mln shares of common stock)
- CNC -2% (MOH earnings/guidance sympathy)
- HTZ -1.4% (CAR sympathy)
- FRSH -0.9% (announces a strategic realignment of resources aimed at better supporting franchise-owners and field staff while reducing overall SG&A expenses; expects to achieve annual cost savings of $1.5 million)
Analyst comments:
- OZM -3.1% (downgraded to Neutral from Overweight at JP Morgan)
- GRPN -2.4% (downgraded to Neutral from Outperform at Wedbush)
- WFC -0.6% (downgraded to Neutral from Outperform at Credit Suisse)