Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- DECK -20.7%, FEYE -18.3%, GIMO -14.3%, GPRO -13.7%, HBI -9.7%, ELY -8.9%, ATHN -8%, ACET -5.2%, AMZN -4.3%
- MWA -3.9%, (Increases diviend 33%, Announces up to $250 mln share repurchase (Included prior repurchase); Names J. Scott Hall CEO)
- GFI -2.8%, PMT -2.5%, VR -1.9%, HIG -1.7%, AN -1.7%, RTEC -1.5%, WY -1.4%, BRS -0.9%, PSX -0.7%,WETF -0.5%
Select metals/mining stocks trading lower:
- VALE -4%, RIO -3.6%, BBL -3.4%, BHP -3%, CLF -2.2%, X -1.8%, MT -1.7%, FCX -1.5%, AKS -1.5%, AG -1.4%, SLW -1.4%, GOLD -1.2%, PAAS -1%, ABX -1%
Other news:
- IDXG -21.3% (commences common stock offering)
- XGTI -12.7% (intends to offer for sale shares of its common stock and warrants to purchase its common stock in an underwritten public offering; size not disclosed), NEOS -10.3% (provides corporate update in conjunction with today's common stock offering; co sees Q4 revs just short of estimates; commences common stock offering; size not disclosed)
- RUBI -6.3% (indicated lower following block trade pricing)
- SBGL -4.2% (reports H1 gold production in-line with LY; also expressed its intention to raise a between a minimum of $750 mln and $1 bln dollars in the equity capital markets)
- HTBX -4.1% (files prospectus supplement pursuant to which it may sell shares of its common stock having an aggregate offering price of up to $17.5 mln)
- AMBA -2.6% (following GPRO earnings)
- VOD -1% (continued weakness following yday's earnings)
Analyst comments:
- CLVS -6.1% (downgraded to Sell at Chardan Capital Markets)
- ARRY -2% (downgraded to Neutral from Overweight at JP Morgan)
- LULU -1.5% (downgraded to Sector Weight from Overweight at KeyBanc Capital Mkts)
- RL -1% (downgraded to Neutral from Buy at UBS)
- PRXL -0.8% (downgraded to Neutral from Buy at Citigroup; downgraded to Sell from Hold at Deutsche Bank)