>>> US Gapping down


Gapping down
In reaction to disappointing earnings/guidance
:

  • SYMC -27%, SGYP -10.4%, HALO -8.4%, FLS -7.9%, TLND -7.7%, XON -7.2%, RDFN -6.9%, FATE -5.6%, YELP -4.8%, CASA -2.9%, TIVO -2.8%, DBX -2.5%, SENS -2.5%, NVDA -2.4%, NWSA -1.4%, WBAI -1.4%, CIVI -1.1%, NKTR -1%

Other news:

  • JRVR -4.6% (shareholders intend to offer in an underwritten public offering an aggregate of 3,297,238 of the Company's common shares)
  • WAGE -2.3% (files to delay 10-Q; is continuing its review of financial statements/ internal controls )
  • MDXG -2% (files to delay 10-Q )
  • PUMP -1.7% (prices underwritten public offering of 12 mln shares of its common stock by certain selling securityholders at a price of $19.10 per share)
  • WPM -1.7% (confirms new precious metals purchase agreement with First Majestic Silver Corp)
  • MGM -1.2% (Board authorized a new $2.0 billion share repurchase program)
  • VIRT -0.8% (prices secondary offering of 15 mln shares of common stock $28.00 per share)

Analyst comments:

  • KSS -1.5% (downgraded to Neutral from Outperform at Credit Suisse)
  • COTY -2.1% (downgraded to Hold from Buy at Deutsche Bank)