>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:
  • PNNT -11.6%, PANW -10.7%, DY -9.1%, VIPS -8.3%, BECN -6.7%, BSPM-5%, GSUM -3.7%, JACK -3.3%, JEC -2.6%
Other news:
  • ASM -17.1% (Announces $10 mln bought deal offering)
  • GTE -6.9% (Announces $130 mln bought-deal financing)
  • CCJ -3.1% (Following Japan earthquake)
  • FTNT -2.5% In sympathy following Palo Alto (PANW) earnings)
  • BDGE -1.9% (Commenced an underwritten public offering of approximately $50 mln of its common stock)
  • BFAM -1.8% (prices a 2 mln share underwritten public offering of common stock by selling shareholders at $71.30/share)
  • PLUG -1.4% (Files for $200 mln mixed securities shelf offering)
  • CYBR -1% (In sympathy following Palo Alto (PANW) earnings)
Analyst comments:
  • FEYE -4.3% (downgraded to Sell from Neutral at Goldman)
  • THC -3.6% (downgraded to Underperform from Neutral at Mizuho)
  • CTSH -2.5% (downgraded to Underperform at BofA/Merrill)
  • ERJ -1.7% (downgraded to Sell from Neutral at UBS)
  • KATE -1.2% (downgraded to Market Perform from Outperform at Cowen)