Gapping down
In reaction to disappointing earnings/guidance: CHLN -15.8%, QUNR -5.8%, GFI -4.2%, LOW -3.8%, MODN -3% .
Select metals/mining stocks trading lower: IAG -2.3%, GG -1.2%, AG -1.1%, ABX -1%, GLD -0.8%, EGO -0.8%, HL -0.8%.
Other news: AEZS -8.2% (announces proposed public offering of common shares and warrants), CRNT -6.9% (announces proposed public offering of common stock, size not disclosed), LOV -6.5% (announced that Great Hill Partners, LLC and its affiliates, as selling stockholders, intend to sell shares of common stock of Spark Networks), SSW -5.7% ( plans to offer 3.5 mln Class A common shares in a registered public offering ), ICLD -5.3% (modestly pulling back), FU -4.8% (lower despite reiterating denial of allegations), GOOD -4% (plans to sell shares of its common stock in an underwritten public offering), NHI -1.8% (announces offering of 4.5 million shares of common stock; to acquire 25 independent living facilities), TEF -1.3% (still checking), BUD -1.1% (still checking), GPK -0.9% (announces commencement of secondary common stock offering of ~47.87 mln shares by selling stockholders; announces $200 mln stock repurchase), CLVS -0.6% (acquires Ethical Oncology Science to gain rights to lucitanib, a unique dual-selective Phase 2 FGFR/VEGFR inhibitor, files for 3,713,731 share common stock offering by selling shareholders).
Analyst comments: TWTR -2% (downgraded to Hold from Buy at Cantor), CHRW -1.6% (downgraded to Hold from Buy at Deutsche Bank), WDAY -1.4% (downgraded to Market Perform from Outperform at Cowen), TSLA -1.3% (Hearing tgt cut to $120 from $141 at Barclays), PDCO -0.7% (Patterson Companies downgraded to Neutral from Buy at UBS), BA -0.7% (downgraded to Perform from Outperform at Oppenheimer), MOS -0.6% ( downgraded to Hold from Buy at BGC Partners), POT -0.6% (downgraded to Hold from Buy at BGC Partners)