>>> US Gapping down

Gapping down
In reaction to earnings/guidance
:

  • DPZ -4.7%, ETWO -4%, CMC -3%, KIDS -2.4% (guides Q3 revs slightly below consensus)

Other news:

  • KOS -3.7% (announces 37.5 share offering; acquires additional Ghana interests for $550 mln)
  • SRPT -0.6% (prices offering of 6172840 shares of its common stock at $81.00 per share)
  • GRPN -0.5% (CFO resigns)

Analyst comments:

  • CAR -4.1% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
  • BBBY -2.4% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
  • CTS -1.4% (downgraded to Market Perform from Outperform at Cowen)
  • ESPR -1.4% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
  • AIRG -0.8% (downgraded to Market Perform from Outperform at Cowen )
  • ACAD -0.7% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
  • BURL -0.7% (downgraded to Hold from Buy at Loop Capital)