Gapping down
In reaction to disappointing earnings/guidance: VOLC -16.7% (also several downgrades), PMCS -10.4%, PSMI -6.9%, ECOM -6.5%, (also ChannelAdvisor Announces Proposed Follow-On Offering), UBS -5.5%, CMI -5.1%, ETR -4.9%, (light volume), ARR -4.8%, STX -4.1%, ICAD -3.8%, SANM -3.8%, (light volume), AGNC -3.6%, DDD -3.1%, IVR -2.4%, (light volume), GT -2.1%, LYB -2%, X -1.8%, DB -1.7%, PCL -1.3% (also announces public offering of 14.1 mln shares of common stock), AET -1.3%, HLF -1%.
Select metals/mining stocks trading lower: NEM -2.5%, GOLD -2.4%, RIO -0.9%, GLD -0.7%, GG -0.7% (downgraded to Neutral from Overweight at HSBC), GFI -0.6%, SLW -0.5%, SLV -0.4%.
Other news: CLSN -14.5% ( announces 1 for 4.5 reverse stock split), EROC -4.8% (decreases quarterly distribution ~32% to $0.15 from $0.22 per unit; sees Q3 adjusted EBITDA of $62.8 mln, downgraded to Neutral from Buy at BofA/Merrill ), SHO -3.4% (announces public offering of 20,000,000 shares of common stock), CLNY -2.9% (announces public offering of 10 mln shares of common stock ), ERJ -2.7% (still checking), RBS -2.6% (still checking), FNB -2.2% (announces capital action plan and commences $50 million common stock offering), SSYS -2% (on DDD results), SLG -1.2% (announces proposed offering of 2.6 mln shares of common stock), RCL -0.9% (still checking), BKU -0.7% ( prices 9 mln shares of its common stock by selling shareholders at $30.75 per share), NYX -0.5% (KORS replcing in S&P 500), .
Analyst comments: CYOU -0.2% (downgraded to Hold from Buy at Brean)