Gapping down
In reaction to disappointing earnings/guidance: CRIS -19%, TNGO -14.6%, SZYM -13.1%, TRNX -12.6% (also downgraded to Sector Perform from Outperform at RBC), PHMD -11.6%, VIP -11.4%, TSLA -11.3%, ZAGG -10%, GEVO -8.4%, MELI -8.1%, CTRP -7.8%, VVUS -7.2%, ANF -7.1%, VCLK -6.7% (also announces intent to pursue divestiture of Owned & Operated websites segment ), URS -6.5%, MCEP -6.2%, ( downgraded to Mkt Perform from Outperform at Raymond James), LLNW -5.6%, QEP -5.3%, MED -5.2%, DVA -4.5%, HUM -4.2%, KND -4.1% (light volume), ENPH -3.6%, (light volume), JAZZ -2.8%, LYV -2.6%, HFC -2.4%, PZZA -2.3%, FOXA -2%, BLMN -1.5%, (light volume), EFC -1.5%, (light volume), ODP -0.7% (OfficeMax announces Departure Of Board Members DePinto And Montgoris following proposed merger of co and Office Depot).
Other news: STP -33.3% (files an application for a provisional liquidation with the Grand Court of the Cayman Islands, the jurisdiction of its incorporation), CYTX -9% (modestly pulling back premarket; may be attributed to Adam Feuerstein report), UNIS -7.4% (Unilife Corporation issues letter to stockholders regarding securities class action lawsuit; says co 'is in full compliance with all applicable regulatory requirements' ), ZLTQ -6.1% (announces proposed public offering of 4.5 mln shares of common stock ), ARO -4.9% and AEO -4.3% (following ANF guidance), ITMN -3.9% (prices 6.5 mln shares at $13.00 per share), SAND -2.8% ( announces record gold sales in Q), BCC -2% (announces launch of public offering of 8 mln shares of its common stock by selling stockholder), NOW -0.7% (to Offer $500 Million Convertible Senior Notes due 2018), BP -0.6% (still checking).
Analyst comments: VVUS -4.4% (downgraded to Neutral from Buy at BofA), AER -2.6% (downgraded to Underperform from Buy at BofA), UN -1% (downgraded to Neutral from Buy at Nomura), BWLD -0.7% (downgraded to Hold from Buy at Miller Tabak), RYL -0.4% (downgraded to Buy from Strong Buy at ISI Group).