Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- BAH -0.5%
Select Brazil related names showing weakness:
- ITUB -2.6%, PBR -2.5%, VALE -1.4%, ABEV -1.4%, CIG -1.3%, SBS -1%, SAN -0.9%
Other news:
- GALT -8.9% (files for $100 mln mixed securities shelf offering and 2,994,279 share common stock offering by holder)
- LJPC -8.8% (reports Phase 3 study of LJPC-501), GLYC -3.6% (modestly pulling back following last week's advance)
- TTD -2.7% (files for $200 mln Class A Common Stock shelf offering by holders)
- AMGN -2.6% (cardiovascular adverse events were observed as a new safety signal in patients in Phase 3 EVENITY data)
- P -1.9% (NY Post details that PayPal (PYPL) has sued Pandora (P) over its logo)
- IRT -1.2% (filed for $1 bln mixed securities shelf offering)
Analyst comments:
- SNCR -5.5% (downgraded to Underperform from Neutral at Credit Suisse)
- CNC -2.1% (downgraded to Neutral from Overweight at JP Morgan)
- NHI -0.9% (downgraded to Underperform from Neutral at BofA/Merrill)