Gapping down
In reaction to earnings/guidance:
- HXL -7%, IBM -2.9%, SYF -2.7%, PPG -1.7%, IRDM -0.8%
Other news:
- AMC -5.9% (enters into 15 mln share Class A common stock equity distribution agreement; reports prelim Q3 results)
- PHR -3.1% (stock offering)
- PLL -2.7% (ADS offering)
- SYF -2.7% (extends strategic credit card program with WMT's Sam's Club)
- ACCD -2.3% (stock offering)
- XFOR -0.6% (files for $150 mln mixed shelf offering)
Analyst comments:
- ED -0.5% (downgraded to Sell from Neutral at Goldman)