Gapping down
In reaction to disappointing earnings/guidance: MKC -3.5%
Other news: MDGN -16.9% ( announces public offering of common stock), CXO -4.8% (prices its upsized public offering of 7.7 mln shares for gross proceeds of ~$712 mln), ASML -2.2% (still checking), FOLD -1.7% (filed for ~5.92 mln share common stock offering by selling shareholders), AAPL -1.4% (iPhone chipmakers said to worry Apple may trim orders, according to Digitimes), CHK -1.1% (announces amendment to $4 bln revolving credit facility; initial borrowing base confirmed at $4 bln)
Analyst comments: AGCO -3.5% (downgraded to Sell from Neutral at UBS), ILMN -2.2% (downgraded to Mkt Perform from Outperform at Leerink Partners), CROX -1.4% (downgraded to Neutral from Overweight at Piper Jaffray)
In reaction to disappointing earnings/guidance: MKC -3.5%
Other news: MDGN -16.9% ( announces public offering of common stock), CXO -4.8% (prices its upsized public offering of 7.7 mln shares for gross proceeds of ~$712 mln), ASML -2.2% (still checking), FOLD -1.7% (filed for ~5.92 mln share common stock offering by selling shareholders), AAPL -1.4% (iPhone chipmakers said to worry Apple may trim orders, according to Digitimes), CHK -1.1% (announces amendment to $4 bln revolving credit facility; initial borrowing base confirmed at $4 bln)
Analyst comments: AGCO -3.5% (downgraded to Sell from Neutral at UBS), ILMN -2.2% (downgraded to Mkt Perform from Outperform at Leerink Partners), CROX -1.4% (downgraded to Neutral from Overweight at Piper Jaffray)