>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:
  • EDAP -10.8%, BSTI -6.6%, CATO -5.8%, ANW -5.7%, SECO -4.3%, BBY -3.8%, LB -3.8%, XNET -2.7%, STNG -2.4%
M&A news:
  • MAT -1.2% (reports that Hasbro's latest proposal has been rebuffed by Mattel)
Other news:
  • AXGN -11.8% (proposes common stock offering including portion by holders)
  • MRTX -5% (commences common stock offering)
  • APPN -4.4% (prices follow-on offering of 3.8 mln shares of common stock at $20.25 per share)
  • NCLH -1.5% (prices 10 mln shares of common stock shares by certain funds affiliated with Apollo Global Management (APO) at $54.35 per share)
Analyst comments:
  • ACOR -2.9% (downgraded to Underperform from Mkt Perform at Raymond James)