Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- RCII -15.6%, (Rent-A-Center sees Q4 EPS loss of ($0.30)-($0.20) vs $0.10 Capital IQ Consensus Estimate)
- PLXS -2.3%, EGBN -1.4%, CP -1.2%, (also Canadian Pacific announces that Keith Creel will become President and CEO of the company effective January 31, 2017 following E. Hunter Harrison's decision to retire)
- FUL -0.9%, SBNY -0.9%, SLM -0.8%
Other news:
- AMDA -28.9% ( to offer and sell common stock and warrants in an underwritten public offering; size not disclosed)
- ZYNE -13.8% (commences common stock offering)
- VNOM -6.5% (Viper Energy Partners commences public offering of 7,000,000 common units representing limited partner interests; reports prelim Q4 operational results/acquisition update )
- AAN -5% (RCII sympathy)
- HTGC -3% (commences $150 mln offering of its Convertible Senior Notes due 2022)
- HRTX -1.6% (commenced underwritten public offering of $150 million of shares of its common stock)
- AA -1% (files for 36,311,767 share common stock offering by selling stockholders)
Analyst comments:
- GNC -4.8% (downgraded to Sell from Neutral at Goldman)
- SFM -3.5% (downgraded to Neutral from Buy at Goldman)
- AKS -2.8% (downgraded to Sell from Neutral at Citigroup)
- RCL -1.9% (downgraded to Sell from Neutral at Goldman)
- KATE -1.6% (downgraded to Neutral from Buy at BofA/Merrill)
- X -1.5% (downgraded to Neutral from Buy at Citigroup)
- ASML -1.2% (downgraded to Neutral from Buy at Citigroup)