>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:
  • CALM -2.7%
Other news:
  • AEMD -38.3% (prices a public offering of an aggregate of 5,454,546 units at $1.10 per unit), BHVN -23.6% (reports topline results from its Phase 2/3 clinical trial evaluating trigriluzole), GNW -10.1% (Genworth Financial and Oceanwide provide update on CFIUS application; joint voluntary notice has been withdrawn), TEUM -9.9% (files for $12 mln mixed securities shelf offering), ACST -9.9% (files for common stock offering of up to US$17.25 mln), ROKU -6.6% (trading lower following last week's strong IPO), JWN -6% (talks to go private may have hit a snag, according to NY Post) TNXP -5.7% (files for 2.1 mln share common stock offering by Lincoln Park Capital Fund), MGM -5.1% (following Las Vegas shooting), WNDW -4.8% (entered into Subscription Agreements with four investors for the purchase/sale of 821,600 units at $3.11/unit for proceeds of $2,555,176), TLND -2.3% (files for $100 mln mixed securities shelf offering and 10,528,483 ADS representing ordinary shares offered by the selling shareholders), WYNN -1.5% (following Las Vegas shooting)
Analyst comments:
  • BLUE -4.1% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
  • WDC -1.7% (downgraded to Neutral from Outperform at Robert W. Baird )
  • STLD -1.4% (downgraded to Neutral from Buy at Longbow)
  • FINL -1.1% (downgraded to Neutral from Positive at Susquehanna)
  • PEP -0.8% (downgraded to Hold from Buy at Jefferies)
  • HCP -0.8% (downgraded to Sell from Neutral at UBS )