Gapping down
In reaction to disappointing earnings/guidance:
- APOG -3.9%, NKE -3.1%
Other news:
- SOLY -18.6% (stock offering)
- DBVT -17.6% (provides operational and business update; to immediately initiate restructuring plan to extend cash runway
- TBIO -7.7% (prices offering of 12,506,811 shares of its common stock at $22.00 per share)
- CYH -6% (to sell Florida hospital)
- FRG -3.9% (announces 3.5 mln share offering)
- DHT -3.5% (files for $850 mln mixed securities shelf offering; also files for offering by selling shareholder)
- GPI -1.8% (provides Q2 operational update; US operating profits are improving faster than anticipated)
- FB -1.1% (CNBC reporting that VZ will pull ads from FB until FB comes up with solution)
Analyst comments:
- IRBT -2.6% (downgraded to Underperform from Neutral at BofA/Merrill)
- FRPT -2.3% (downgraded to Sell from Neutral at Citigroup)
- PHAT -2.1% (downgraded to Sell from Neutral at Goldman)
- XLNX -0.8% (downgraded to In-line from Outperform at Evercore ISI)