Gapping down
In reaction to disappointing earnings/guidance: SANM -10.5%, HOG -6.8%, FTK -6.1%, IEX -5.9%,UCTT -5.7%, BMI -4.3%, PKG -3.3%, UA -3.2%, TCK -2.4%, STLD -2.1%, AMTD -1.7%, CS -1.6%, TRV -1.3%, ZION -0.9%, BHI -0.8%
M&A news: IEX -5.9% (announced an agreement to acquire 100% of Novotema shares), PRGO -2.9% (negative response to MYL/TEVA merger spec -- MYL rumored to buy PRGO)
Other news: NVGN -24.7% (shares were halted in Australia for the announcement of a rights offering and private placement), NBG -10.2% (still checking), NQ -7.5% (announces that Omar Khan, current Co-CEO, has decided to transition to an advisory role and step down in his capacity as Co-CEO), ALDX -6.6% (filed for 3 mln share offering of common stock), BAM -4.2% (announces US$1,075 million equity offering), PRGO -2.9% (negative response to MYL/TEVA merger spec -- MYL rumored to buy PRGO), RIO -1.8% (announces a Q1 production update; also downgraded to Equal Weight from Overweight at Barclays), NRX -1.7% (filed for $34.5 mln offering of common stock), MT -1.7% (in symp with RIO), DEG -1.3% (JP Morgan Asset Mgmt notifies co that it now owns less than 3% of Delhaize Group's voting rights), HRL -0.9% (announced highly pathogenic H5N2 avian influenza has been detected at multiple turkey farms that supply Jennie-O Turkey Store; co reaffirmed FY15 guidance)
Analyst comments: SHAK -3.4% (downgraded to Hold from Buy at Stifel), RJET -1% (downgraded to Hold from Buy at Evercore ISI), MAT -0.9% (downgraded to Sell from Hold at Argus)
In reaction to disappointing earnings/guidance: SANM -10.5%, HOG -6.8%, FTK -6.1%, IEX -5.9%,UCTT -5.7%, BMI -4.3%, PKG -3.3%, UA -3.2%, TCK -2.4%, STLD -2.1%, AMTD -1.7%, CS -1.6%, TRV -1.3%, ZION -0.9%, BHI -0.8%
M&A news: IEX -5.9% (announced an agreement to acquire 100% of Novotema shares), PRGO -2.9% (negative response to MYL/TEVA merger spec -- MYL rumored to buy PRGO)
Other news: NVGN -24.7% (shares were halted in Australia for the announcement of a rights offering and private placement), NBG -10.2% (still checking), NQ -7.5% (announces that Omar Khan, current Co-CEO, has decided to transition to an advisory role and step down in his capacity as Co-CEO), ALDX -6.6% (filed for 3 mln share offering of common stock), BAM -4.2% (announces US$1,075 million equity offering), PRGO -2.9% (negative response to MYL/TEVA merger spec -- MYL rumored to buy PRGO), RIO -1.8% (announces a Q1 production update; also downgraded to Equal Weight from Overweight at Barclays), NRX -1.7% (filed for $34.5 mln offering of common stock), MT -1.7% (in symp with RIO), DEG -1.3% (JP Morgan Asset Mgmt notifies co that it now owns less than 3% of Delhaize Group's voting rights), HRL -0.9% (announced highly pathogenic H5N2 avian influenza has been detected at multiple turkey farms that supply Jennie-O Turkey Store; co reaffirmed FY15 guidance)
Analyst comments: SHAK -3.4% (downgraded to Hold from Buy at Stifel), RJET -1% (downgraded to Hold from Buy at Evercore ISI), MAT -0.9% (downgraded to Sell from Hold at Argus)