Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- CAL -10.6%, GES -10%, FRO -7%, DRYS -6.2%, HPE -4.7%, (also announces effective February 1, 2018, Antonio Neri, current President of HPE, will become President and CEO, and will join the HPE Board of Directors), HPQ -4.7%, QADA -2.4%, CRM -1%
M&A news:
- RLOG -36.2% (to be aquired by private equity firm American Industrial Partners)
- ROK -1.3% (Rockwell Automation rejects latest unsolicited acquisition proposal from Emerson)
Other news:
- CHFS -25.5% (filing a Form EFFECT (Notice of Effectiveness for an S-1) for a possible $9 mln offering)
- PTLA -2.1% (receives extension from FDA for the review period for the Co's Prior Approval Supplement for Bevyxxa)
- TYHT -1.8% (files for $25 mln mixed securities shelf offering)
Analyst comments:
- MNK -1.8% (downgraded to Perform from Outperform at Oppenheimer)