Gapping down
In reaction to disappointing earnings/guidance: RRTS -26.4%, TCAP -17.1%, KTOS -12.3%, SQNM -11.1%, FIT -11.1%, WTI -9.9%, ALIM -9.5%, DPM -8.2%, ABC -7.5%, WFT -7.4%, CTL -4.7%, EXEL -4.6%, PSXP -4.4%, AVP -4.4%, HRTG -4.2%, NWPX -4.2%, HRTG -4.2%, OSUR -4.1%, SRPT -3.9%, LNC -3.8%, LPSN -3.8%, TRIP -3.1%, SNN -3.1%, CTLT -2.6%, MUR -2.5%, BRKR -2.4%, MET -2.1%, SEAS -2%, PRU -1.7%, ALJ -1.7%, ERII -1.7%, NVAX -1.5%, HUBS -1.5%, LUK -1.5%, OME -1.4%, (announces $40 mln share repurchase program, moves forward with previously announced $18 mln investment in the animal nutrition biz (), WMB -1.2%, TNH -0.9%, RDUS -0.7%, GWPH -0.7%, BLUE -0.6%
Other news: PSXP -3.8% (commences 7.5 mln offering of common units representing limited partner interests in the Partnership), ADC -2.9% (upsizes & prices 2.5 mln share common stock offering for gross proceeds of ~$99.4 mln), STI -1.6% (receives subpoena in relation to embezzlement by an employee of a SunTrust business client), CAT -0.9% (Greenlight's David Einhorn announces at Ira Sohn that he is Short CAT )
Analyst comments: CRUS -3.2% (downgraded to Equal Weight from Overweight at Barclays), GOLD -1.2% (downgraded to Sell from Neutral at Citigroup)