Gapping down
In reaction to disappointing earnings/guidance: IPI -14.4%, UNFI -14%, OCN -8.8%, LL -8.2%, NRG -7%, HZNP -5.3%,NVAX -4%, HYH -3.6%, IMN -3.2%, FSS -2.8%, VET -2%, ACAD -1.2%, SALT -0.8%, TRCO -0.8%, IPCI -0.7%, TOUR-0.6%, HMLP -0.5%
Other news: QEP -5.1% (commences underwritten public offering of 30 mln shares of its common stock), VRX -4.1% (confirmed J. Michael Pearson to return as CEO following illness effective immediately; Co Separates the Chairman and CEO roles; postpones Q4 call), ALV -1.5% (still checking), TRCO -0.8% (to Explore Strategic Alternatives), C -0.1% (discloses in 10-K annual filing that it received a subpoena from the United States Attorney's Office in connection with its investigation of alleged bribery, corruption and money laundering associated with FIFA )
Analyst comments: SWN -5.8% (downgraded to Underperform at Raymond James), DDS -2.5% (downgraded to Sell at Deutsche Bank), NUE -1.3% (downgraded to Sector Weight from Overweight at KeyBanc Capital Mkts), SCCO -1.1% (initiated with a Sell at Berenberg), GM -0.8% (downgraded to Hold from Buy at Argus)
In reaction to disappointing earnings/guidance: IPI -14.4%, UNFI -14%, OCN -8.8%, LL -8.2%, NRG -7%, HZNP -5.3%,NVAX -4%, HYH -3.6%, IMN -3.2%, FSS -2.8%, VET -2%, ACAD -1.2%, SALT -0.8%, TRCO -0.8%, IPCI -0.7%, TOUR-0.6%, HMLP -0.5%
Other news: QEP -5.1% (commences underwritten public offering of 30 mln shares of its common stock), VRX -4.1% (confirmed J. Michael Pearson to return as CEO following illness effective immediately; Co Separates the Chairman and CEO roles; postpones Q4 call), ALV -1.5% (still checking), TRCO -0.8% (to Explore Strategic Alternatives), C -0.1% (discloses in 10-K annual filing that it received a subpoena from the United States Attorney's Office in connection with its investigation of alleged bribery, corruption and money laundering associated with FIFA )
Analyst comments: SWN -5.8% (downgraded to Underperform at Raymond James), DDS -2.5% (downgraded to Sell at Deutsche Bank), NUE -1.3% (downgraded to Sector Weight from Overweight at KeyBanc Capital Mkts), SCCO -1.1% (initiated with a Sell at Berenberg), GM -0.8% (downgraded to Hold from Buy at Argus)