Gapping down
In reaction to disappointing earnings/guidance: N/A.
M&A news: WPZ -7.9% Energy Transfer Equity (ETE) confirms proposal to merge with The Williams Companies (WMB); ETE believes is a more compelling transaction than the proposed merger between Williams and WPZ
Other news: HOTR -5.1% (announces a registered direct placement of $2.15 mln of common stock at $2.50/share), NDLS -4.3% (President and Chief Operating Officer Kinsey resigns), AMBA -3.9% (cont weakness from Friday), VNET -1.2% (announces resignation of CFO Mr. Shang-Wen Hsiao; Mr. Terry Wang will succeed Mr. Hsiao), EXXI -1% (reaches an agreement with the Bureau of Ocean Energy Management, regarding supplemental bonding requirements)
Analyst comments: ZIOP -8.6% (downgraded to Market Perform from Outperform at BMO Capital), MU -2.2% (downgraded to Sell from Neutral at Goldman ), FEYE -0.9% (downgraded to Neutral from Buy at UBS).
In reaction to disappointing earnings/guidance: N/A.
M&A news: WPZ -7.9% Energy Transfer Equity (ETE) confirms proposal to merge with The Williams Companies (WMB); ETE believes is a more compelling transaction than the proposed merger between Williams and WPZ
Other news: HOTR -5.1% (announces a registered direct placement of $2.15 mln of common stock at $2.50/share), NDLS -4.3% (President and Chief Operating Officer Kinsey resigns), AMBA -3.9% (cont weakness from Friday), VNET -1.2% (announces resignation of CFO Mr. Shang-Wen Hsiao; Mr. Terry Wang will succeed Mr. Hsiao), EXXI -1% (reaches an agreement with the Bureau of Ocean Energy Management, regarding supplemental bonding requirements)
Analyst comments: ZIOP -8.6% (downgraded to Market Perform from Outperform at BMO Capital), MU -2.2% (downgraded to Sell from Neutral at Goldman ), FEYE -0.9% (downgraded to Neutral from Buy at UBS).