Gapping down
In reaction to disappointing earnings/guidance:
- SPWH -11.8%, WSM -11.7%, (also announces acquisition of Outward, Inc for all cash consideration of $112 mln), CORI -6.5%, DXLG -6.5%, MATW -2.1%, POST -0.9%
M&A news:
- CHTR -1.1% (WSJ reported Comcast may be interested in Fox acquisition)
Other news:
- HTBX -14.7% (to offer for sale shares of its common stock in an underwritten public offering; size not disclosed)
- VBLT -12.2% (to offer 2.5 mln ordinary shares in an underwritten public offering)
- ICON -6.6% (Iconix Brand receives NASDAQ letter for delayed 10-Q (as expected); Company anticipates filing by January 16 and believes that submission of a plan will not be necessary)
- MCRN -4.3% (announces secondary offering of 13,090,155 shares of common stock by selling stockholders )
Analyst comments:
- FITB -0.5% (downgraded to underperform at Macquarie)
