>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:
  • CHL -2.7%, ACN -2.6%, KDMN -2.4%, CAG -1.9%, ASND -1.5%, BGNE -0.6%, EHIC -0.5%
Other news:
  • TNDM -22.6% (prices offering of 18 mln shares at $1.25/share)
  • HTBX -20.4% (prices underwritten public offering of 5 mln shares of its common stock at $0.80/share)
  • QUIK -12.2% (prices 10 mln common stock offering at $1.50/share)
  • OEC -8.3% (announces that Kinove Luxembourg Holdings and certain other sellers intend to offer an aggregate of 5 mln common shares in an underwritten public offering)
  • RARE -6.9% (announces topline data from the Phase 2 study of UX007 in glucose transporter type-1 deficiency syndrome patients with seizures; study did not meet the primary endpoint)
  • VNCE -5.3% (following late move higher)
  • BLCM -4.3% (commences an underwritten public offering of 5,000,000 shares of its common stock)
  • SHLD -3.9% (continued weakness)
  • CHMI -3.8% (commences 4.5 mln common stock offering)
  • ENPH -3.2% (files for approx 12 mln share common stock offering by selling shareholder)
  • MMSI -3% (prices offering of 4.5 mln shares of common stock at $28.25 per share)
  • KEYS -1.6% (offering of 11,428,571 common shares at $35.00 per share)
  • MYL -0.9% ( indicated lower in after hours on EpiPen recall news)
Analyst comments:
  • WLL -1.7% (downgraded to Sell from Neutral at UBS)
  • GPOR -1.6% (downgraded to Neutral from Buy at Goldman)
  • DG -1.2% (downgraded to Underperform from Neutral at Credit Suisse)
  • NSC -1.1% (downgraded to Underperform at RBC Capital Mkts)
  • MO -1.1% (downgraded to Underperform at RBC Capital Mkts)
  • PEGI -1% (downgraded to Neutral from Outperform at Macquarie)