Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- KRNT -20.4%, NKE -3.5%, ARCW -2.1%, (also announces initial results from strategic operating review), ATU -1.3%
Other news:
- ITCI -7.2% (commences an underwritten public offering of $150 mln of shares of its common stock)
- ASND -2.3% (commences public offering of $125 mln of American Depositary Shares, each of which represents one ordinary share of Ascendis )
- FINL -1.6% (following NKE earnings)
- SONC -1% (Krebs report of security breach)
Analyst comments:
- SPWR -3.3% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
- TRVG -1.9% (downgraded to Neutral from Overweight at JP Morgan)
- TTS -2.7% (downgraded to Neutral from Overweight at Piper Jaffray)
- WBA -0.7% (downgraded to Mkt Perform from Outperform at Raymond James)
- CLXT -2.4% (downgraded to Neutral from Buy at Citigroup)