Gapping down
In reaction to disappointing earnings/guidance:
- ANF -17.6%, GOOS -12.5%, CPRI -6.9%, BMO -1.4%, HMLP -1%, WDAY -0.9%, UAL -0.7% (guidance)
Other news:
- INO -16.6% (Inovio Pharma received notification from AstraZeneca's MedImmune of plans to discontinue research collaboration activities)
- SUI -2.2% (announces public offering of 3.25 mln shares of common stock)
- HLI -1.4% (announces public offering of 3.0 mln shares of common stock by ORIX HLHZ Holding)
- INVH -0.8% (pricing of secondary offering of 40 mln shares of common stock by certain selling stockholders affiliated with Blackstone (BX) at $25.30 per share)
- GMXAY -0.6% (Genmab A/S files SEC registration statement for proposed public offering of ADSs and applies for listing of the ADSs on the Nasdaq Global Select Market under the symbol "GMAB")
- SNE -0.5% (Australia's Australian Competition & Consumer Commission institutes proceedings against Sony Interactive for making false or misleading representations to Australian consumers on its website and in dealings with Australian customers of its PlayStation online store)
Analyst comments:
- NIO -0.7% (downgraded to Underperform from Neutral at BofA/Merrill)