Gapping down
In reaction to disappointing earnings/guidance: APPS -4.8%
Select mining stocks trading lower: HMY -5.2%, AU -4.6%, AUY -4.1%, HL -3.5%, GFI -3.5%, PAAS -3%, ABX -2.8%, AEM-2.6%, NEM -2.2%, SLW -2%, GOLD -1.9%, FSM -1.9%, GLD -1.1%
Select oil/gas related names showing early weakness: OAS -3.4%, CHK -3.3%, APC -2.4%, WLL -2.1%
Other news: BTU -72% (entities file for voluntary Chapter 11 protection; takes major step to strengthen liquidity and reduce debt), SSN -7.2% (Registered Direct Offering to several institutional investors $0.74 per ADS), CDXC -3.6% ( announces reverse stock split; seeks to be listed on NASDAQ), DRWI -3.4% (Empery Asset Management discloses 6.71% passive stake ), VRX-3.1% (receives notice of default from bondholders due to delayed 10-K Filing), SSP -1.4% (Demand Media agrees to sell Cracked brand to E.W. Scripps for $39 mln in cash), RICE -0.9% (upsizes and prices 29,858,891 shares of its common stock by co and selling shareholders at $16.35 per share)
Analyst comments: CLVS -6.3% (downgraded to Neutral from Overweight at JP Morgan), S -3.4% (downgraded to Underweight from Sector Weight at Pacific Crest), MRO -2.7% (downgraded to Market Perform from Outperform at Wells Fargo), YUM -1.8% (downgraded to Underperform from Outperform at Credit Agricole), STX -1.1% (downgraded to Hold from Buy at Deutsche Bank), CYS -1% (downgraded to Neutral from Buy at Ladenburg Thalmann)
In reaction to disappointing earnings/guidance: APPS -4.8%
Select mining stocks trading lower: HMY -5.2%, AU -4.6%, AUY -4.1%, HL -3.5%, GFI -3.5%, PAAS -3%, ABX -2.8%, AEM-2.6%, NEM -2.2%, SLW -2%, GOLD -1.9%, FSM -1.9%, GLD -1.1%
Select oil/gas related names showing early weakness: OAS -3.4%, CHK -3.3%, APC -2.4%, WLL -2.1%
Other news: BTU -72% (entities file for voluntary Chapter 11 protection; takes major step to strengthen liquidity and reduce debt), SSN -7.2% (Registered Direct Offering to several institutional investors $0.74 per ADS), CDXC -3.6% ( announces reverse stock split; seeks to be listed on NASDAQ), DRWI -3.4% (Empery Asset Management discloses 6.71% passive stake ), VRX-3.1% (receives notice of default from bondholders due to delayed 10-K Filing), SSP -1.4% (Demand Media agrees to sell Cracked brand to E.W. Scripps for $39 mln in cash), RICE -0.9% (upsizes and prices 29,858,891 shares of its common stock by co and selling shareholders at $16.35 per share)
Analyst comments: CLVS -6.3% (downgraded to Neutral from Overweight at JP Morgan), S -3.4% (downgraded to Underweight from Sector Weight at Pacific Crest), MRO -2.7% (downgraded to Market Perform from Outperform at Wells Fargo), YUM -1.8% (downgraded to Underperform from Outperform at Credit Agricole), STX -1.1% (downgraded to Hold from Buy at Deutsche Bank), CYS -1% (downgraded to Neutral from Buy at Ladenburg Thalmann)