>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:
  • DTEA -8.9%, GEF -8.8%, CMTL -6.7%, MTN -4.1%, DVMT -4%
Other news:
  • NLNK -28.9% (Roche (RHHBY) to return rights to IDO inhibitor GDC-0919)
  • URBN -13.3% ( discloses that 'thus far during the second quarter of fiscal 2018, comparable Retail segment net sales are high single-digit negative' in 10Q)
  • USDP -10.9% (prices 3 mln Common Units at $11.60 per Common Unit )
  • CGG -10.8% (reports final data from Encontrado project over Perdido fold belt )
  • MZOR -9.3% (announces that in May, the Israeli Securities Authority conducted a search at the offices of Mazor and also questioned certain officers in connection with an investigation)
  • CORT -5% (being attributed to block trade pricing)
  • MSL -3.5% (announces public offering of $50 mln of common stock; to reduce the Company's quarterly cash dividend)
  • RGSE -3.4% (filed for 6,127,404 shares of Class A common stock upon exercise of existing warrants)
  • BKCC -1.6% (commences offering of $125 mln of senior unsecured convertible notes due 2022)
  • CAA -1% (announces offering of 42.8 mln shares of the Co's common stock, including 10 mln shares being offered by MP CA Homes ), .
Analyst comments:
  • LGCY -5.3% (downgraded to Sell at Stifel)
  • JUNO -5% (downgraded to Sell from Neutral at BTIG Research)
  • DECK -1.3% (downgraded to Neutral from Buy at Buckingham Research)
  • HA -0.9% (downgraded to Hold from Buy at Deutsche Bank)