Gapping down
In reaction to disappointing earnings/guidance: KTWO -5.7%, WLB -4.9%
Select China related names showing weakness with Shanghai down ~6% overnight: ACH -9.6%, BITA -8.2%, DANG -6.9%, CHU -6.7%, CMCM -6.6%, JKS -6.3%, BZUN -6.1%, LFC -5.9%, QIHU -5.3%, JD -4.8%, NOAH -4.8%, CHL -4.6%, TEDU -4.5%, CTRP -4.3%, SINA -4%, WB -3.8%, NQ -3.2%, SOHU -3.1%, PTR -2.5%, BIDU -2%, BABA -1.9%
Select metals/mining stocks trading lower: RIO -4.1%, CLF -3.7%, BHP -2.2%
Select oil/gas related names showing early weakness: SDRL -3.3%, PBR -2.3%, STO -1.7%, TOT -1.6%, BP -1.3%, RDS.A -0.9%
Other news:PBMD -17.3% (announced share purchase plan to raise up to A$5 mln), KTWO -5.7% ( announces a proposed offering of 750,000 shares offered by the Company and 3,750,000 shares offered by the selling stockholders), ABIO -4.6% (filed for ~58.83 mln share common stock offering by selling shareholders; ~16.81 mln of the shares issuable upon exercise of warrants), JRJC -4.4% (still checking), ATRA -3.1% (to commence an underwritten public offering of shares of its common stock and expects to raise gross proceeds of ~$125.0 million ), AAOI -2.9% (disclosed entry into a sale lease-back transaction through its Taiwan branch and Chailease Finance), TGT -2.9% (still checking), GREK -2.4% (Germany's Merkel ruled out a debt haircut), CLVS -2.1% (commences underwritten public offering of shares of its common stock to raise aggregate proceeds of approximately $275 million), ASML -2.1% (still checking), ARMH -1.9% (still checking), PODD -1.6% (announced that it has assumed full rights to distribute its OmniPod System in the Canadian market via its newly created subsidiary, Insulet Canada, effective immediately), YHOO -1.6% (may be in symp with BABA), MO -1% (World Health Organization proposed more taxes on tobacco products)
Analyst comments: NYCB -2.6% (downgraded to Underperform from Mkt Perform at Keefe Bruyette ), ENPH -2.6% (downgraded to Neutral from Overweight at JP Morgan ), SCHN -2.4% (downgraded to Sector Weight from Overweight at Keybanc), TSLA -1.9% (downgraded to Sector Weight from Overweight at Pacific Crest), WIBC -1.9% (downgraded to Neutral from Outperform at Macquarie)