Gapping down
In reaction to disappointing earnings/guidance:
- LULU -3.3%, PVH -2.3%
Other news:
- WINS -10% (co states it is not aware of any material corporate developments that could account for this unusual trading activity)
- OKE -6.5% (prices offering of 26 mln shares of its common stock at $32.00 per share)
- VXX -4.8% (lower with US futures rebounding)
- SITM -2.3% (prices follow-on offering of 3,500,000 shares of its common stock at $32.00 per share)
- FPI -1.7% (provides update on "short-and-distort" litigation)