Gapping down
In reaction to disappointing earnings/guidance: MOH -12.5%, SYNA -12.1%, SRCL -11.3%, NSR -10.4%, NPTN -10%, ESI-9.1%, ARII -8.7%, MOBL -8.5%, HCLP -6.9%, (commences $40 mln public offering of common units representing limited partnership interests in the Partnership), WDC -5.6%, BCOV -5.2%, FLEX -5%, GILD -4.8%, GRPN -4.7%, YGE -4%, SHEN-3.9%, EYES -3.2%, PSX -2.9%, SWKS -2.8%, RBS -2.8%, SGEN -2.7%, ATEN -2.5%, AAN -2.4%, TRGP -2.4%, BMRN -2.3%,ELLI -1.9%, SNY -1.9%, CPHD -1.4%, TEF -1.4%, BVN -1.2%, IMGN -1.2%, MCO -1%, CHDN -0.7%
M&A news: APOL -2.4% (adjourns special meeting of shareholders, 58% voted FOR the proposed acquisition)
Other news: BIOC -20.6% (proposed registered public offering of its common stock/warrants), AKS -9.6% (prices 52 mln shares of common stock at $4.40 per share), SDR -8.6% (reduces quarterly distribution to $0.101/unit from $0.183/unit), ALR -6.2% (obtains requisite lender approval for extension to file 10-K; provides update relating to the pending merger transaction with Abbott (ABT)), CNC -3.3% (MOH sympathy) WRE -3.2% (upsizes offering by 625K shares and prices 4.625 mln common shares at $28.20 per share), WCG -2.1% (MOH sympathy) BRX -1.8% (prices 20 mln share common stock offering by selling stockholders affiliated with Blackstone Real Estate Partners (BX) at $25.20/share)
Analyst comments: FCAU -1.9% (downgraded to Underperform from Neutral at BofA/Merrill), DB -1.4% (downgraded to Underperform from Mkt Perform at Keefe Bruyette), F -1.1% (downgraded to Neutral from Buy at BofA/Merrill)
In reaction to disappointing earnings/guidance: MOH -12.5%, SYNA -12.1%, SRCL -11.3%, NSR -10.4%, NPTN -10%, ESI-9.1%, ARII -8.7%, MOBL -8.5%, HCLP -6.9%, (commences $40 mln public offering of common units representing limited partnership interests in the Partnership), WDC -5.6%, BCOV -5.2%, FLEX -5%, GILD -4.8%, GRPN -4.7%, YGE -4%, SHEN-3.9%, EYES -3.2%, PSX -2.9%, SWKS -2.8%, RBS -2.8%, SGEN -2.7%, ATEN -2.5%, AAN -2.4%, TRGP -2.4%, BMRN -2.3%,ELLI -1.9%, SNY -1.9%, CPHD -1.4%, TEF -1.4%, BVN -1.2%, IMGN -1.2%, MCO -1%, CHDN -0.7%
M&A news: APOL -2.4% (adjourns special meeting of shareholders, 58% voted FOR the proposed acquisition)
Other news: BIOC -20.6% (proposed registered public offering of its common stock/warrants), AKS -9.6% (prices 52 mln shares of common stock at $4.40 per share), SDR -8.6% (reduces quarterly distribution to $0.101/unit from $0.183/unit), ALR -6.2% (obtains requisite lender approval for extension to file 10-K; provides update relating to the pending merger transaction with Abbott (ABT)), CNC -3.3% (MOH sympathy) WRE -3.2% (upsizes offering by 625K shares and prices 4.625 mln common shares at $28.20 per share), WCG -2.1% (MOH sympathy) BRX -1.8% (prices 20 mln share common stock offering by selling stockholders affiliated with Blackstone Real Estate Partners (BX) at $25.20/share)
Analyst comments: FCAU -1.9% (downgraded to Underperform from Neutral at BofA/Merrill), DB -1.4% (downgraded to Underperform from Mkt Perform at Keefe Bruyette), F -1.1% (downgraded to Neutral from Buy at BofA/Merrill)