Gapping down
In reaction to disappointing earnings/guidance: AMCN -15.1%, SYNC -7.8% (light volume), BIOL -7.7%, ( CEO to continue at symbolic annual cash salary of $1.00), LOV -7.5%, (Spark Networks downgraded to Market Perform from Outperform at William Blair), SPLS -6.7%, WX -6%, CCRN -4.4%, (light volume), BYD -2.6%, COST -2.6%, INTT -2.5%, (thinly traded), LRE -1.8%, (light volume), VIP -1.5%, (ticking lower), SN -0.3%, .
M&A related: TMUS -1% (late spike lower following Deutsche Telekom exec comments suggesting TMUS sale not in near-term), VIVHY -0.9% (following late spike; co has confirmed it received two binding offers for a controlling stake in its SFR subsidiary .
Select Russia/Ukraine related names showing early weakness: YNDX -2.8%, MBT -2.1%, MTL -1.7%, QIWI -1.4%.
Other news: DANG -7.6% ( CFO resigns effective April 10), BLDP -5.2% (modestly pulling back from recent momentum), SUI -3.3% (commences public offering of 4.2 mln shares of common stock), ODP -3.3% (following SPLS results), CRTO -3.2% (Criteo filed for $250,000,000 ADS offering), MXWL -2.8% (modestly pulling back), MPW -2.3% (announces public offering of 8 mln shares of its common stock, consisting of 7.7 mln shares offered by the co and 300,000 shares offered by selling stockholder), KGC -2.2% ( Unionized employees strike at Maricunga mine), TI -1.9% (still checking), BLDP -1.9% (modestly pulling back), CCL -1.5% (may be related to lawsuits from passengers), CUZ -1.4% (announces public offering of 8.7 mln shares of its common stock), HIMX -0.6% (Korea plans to offer K Glass to compete with GOOG Glass, according to reports), CHK -0.4% (Chesapeake Energy and Encana (ECA) may face Michigan antitrust charges, according to reports), RNG -0.2% (prices follow on public offering of 7.2 mln shares of Class A common stock, including 2 mln shares being sold by the co and 5.2 mln shares being sold by selling stockholders, at $21.50 per share).
Analyst comments: AUXL -6% ( downgraded to Underweight from Equal-Weight at Morgan Stanley), SXE -1% ( downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $18 from $20)