Gapping down
In reaction to earnings/guidance:
- CTXR -5%, EIX -0.5%
Other news:
- GNLX -9.8% (announces a private placement of 1,665,247 shares of the Company's common stock at a price of $20.00/share, for gross proceeds of ~$33 mln)
- HRB -9.5% (IRS mulling creation of government run tax preparation option, according to WSJ)
- OKE -5.8% (Magellan Midstream to be acquired by ONEOK (OKE) for implied value of $67.50 per unit)
- INTU -4.8% (IRS mulling creation of government run tax preparation option, according to WSJ)
- TUR -4.4% (Turkey election will be headed for a runoff)
Analyst comments:
- CX -0.8% (downgraded to Neutral from Buy at BofA Securities)
- GOOGL -0.7% (downgraded to Hold from Buy at Loop Capital)
- FSLR -0.6% (downgraded to Peer Perform from Outperform at Wolfe Research)