Gapping down
In reaction to disappointing earnings/guidance: BSFT -8%, AUXL -6.4%, RAIL -5.2%, RLGY -2.7%, FRM -1.4%, PFE -1.1%, TREX -0.4%.
Select financial related names showing weakness: RBS -4.8%, CS -2.7%, DB -2.1%, GS -1.1%, C -0.9%.
Select momentum stocks trading lower with futures down in pre-mkt: YELP -2.1%, P -1.9%, FB -0.8%, TSLA -0.5%
Other news: SINA -3.6% (announces receipt of government notices: 'Internet Publication License and License for Online Transmission of Audio-Visual Programs would be revoked'), IRDM -3.3% (will issue 7,692,308 shares of Iridium's common stock directly to certain Baron funds at $6.50 per share), JPM -2.8% (sees Q2 markets revenue down ~20, exposure to Russia was $4.7 bln at March 31, 2014% from prior year), SAP -2.2% (Co's CTO leaving co), LNKD -2.1% (announced that Gregg Steinhafel will step down as CEO), TWTR -1.3% (IPO lockup expires today), TGT -1% (announces that the consideration to be received by shareholders is increased to $12.25, an increase of $0.50, in connection with its previously announced acquisition).
Analyst comments: NBR -1.8% (downgraded to Sell from Neutral at Guggenheim), SFY -1.8% (downgraded to Hold from Buy at Canaccord Genuity), AZN -1.6% (downgraded to Sell at Danske Bank), HP -1.6% (downgraded to Sell from Neutral at Guggenheim), SO -0.8% (downgraded to Sell from Neutral at UBS).
Select financial related names showing weakness: RBS -4.8%, CS -2.7%, DB -2.1%, GS -1.1%, C -0.9%.
Select momentum stocks trading lower with futures down in pre-mkt: YELP -2.1%, P -1.9%, FB -0.8%, TSLA -0.5%
Other news: SINA -3.6% (announces receipt of government notices: 'Internet Publication License and License for Online Transmission of Audio-Visual Programs would be revoked'), IRDM -3.3% (will issue 7,692,308 shares of Iridium's common stock directly to certain Baron funds at $6.50 per share), JPM -2.8% (sees Q2 markets revenue down ~20, exposure to Russia was $4.7 bln at March 31, 2014% from prior year), SAP -2.2% (Co's CTO leaving co), LNKD -2.1% (announced that Gregg Steinhafel will step down as CEO), TWTR -1.3% (IPO lockup expires today), TGT -1% (announces that the consideration to be received by shareholders is increased to $12.25, an increase of $0.50, in connection with its previously announced acquisition).
Analyst comments: NBR -1.8% (downgraded to Sell from Neutral at Guggenheim), SFY -1.8% (downgraded to Hold from Buy at Canaccord Genuity), AZN -1.6% (downgraded to Sell at Danske Bank), HP -1.6% (downgraded to Sell from Neutral at Guggenheim), SO -0.8% (downgraded to Sell from Neutral at UBS).