Gapping down
In reaction to disappointing earnings/guidance: RENN -9%, ATU -3.8%, ESLT -3%, ORCL -2.9%, VRA -2.6%, SCTY -0.8%.
Select metals/mining stocks trading lower: KGC -1.4%, ABX -1.3%, GLD -0.6%, GDX -0.6%, IAG -0.5%, AUY -0.5%.
Other news: USU -14.9% (trading lower on light volume; looking around. The co has not provided update since March 5 restructuring plan news), GLW -5.2% (still checking, light volume), RBCN -4.8% (announced proposed public offering of common stock by selling shareholders), DK -3.9% (hearing block trade, unconfirmed), ORC -3.3% (announced public offering of 4 mln shares of common stock), NUS -3.1% (earlier today co disclosed in 10-K filing that it voluntarily suspended business promotional meetings and other activities in mainland China; sees fines from regulators as 'likely'), VGR -2% (filed for $150 mln offering of Variable Interest Convertible Senior Notes due 2020).
Analyst comments: OWW -6.1% (downgraded to Sell from Neutral at Goldman), WETF -3.7% (downgraded to Sell from Neutral at Citigroup), TLM -0.9% (initiated with a Sector Underperform at CIBC Wrld Mkts).
In reaction to disappointing earnings/guidance: RENN -9%, ATU -3.8%, ESLT -3%, ORCL -2.9%, VRA -2.6%, SCTY -0.8%.
Select metals/mining stocks trading lower: KGC -1.4%, ABX -1.3%, GLD -0.6%, GDX -0.6%, IAG -0.5%, AUY -0.5%.
Other news: USU -14.9% (trading lower on light volume; looking around. The co has not provided update since March 5 restructuring plan news), GLW -5.2% (still checking, light volume), RBCN -4.8% (announced proposed public offering of common stock by selling shareholders), DK -3.9% (hearing block trade, unconfirmed), ORC -3.3% (announced public offering of 4 mln shares of common stock), NUS -3.1% (earlier today co disclosed in 10-K filing that it voluntarily suspended business promotional meetings and other activities in mainland China; sees fines from regulators as 'likely'), VGR -2% (filed for $150 mln offering of Variable Interest Convertible Senior Notes due 2020).
Analyst comments: OWW -6.1% (downgraded to Sell from Neutral at Goldman), WETF -3.7% (downgraded to Sell from Neutral at Citigroup), TLM -0.9% (initiated with a Sector Underperform at CIBC Wrld Mkts).