Gapping down
In reaction to disappointing earnings/guidance: CONN -28.3%, HAWK -14.5% (also downgraded to Underperform from Neutral at Macquarie), MM -11.1%, GDP -7%, ACHC -5.2%, (ticking lower), AEG -5.2%, PVA -4.3%, (announces year-end 2013 proved reserves and provides operational update; FY13 proved oil and gas reserves increased by 22.9 MMBOE, or 20%, to 136.3 MMBOE from 113.5 MMBOE), DENN -3.6% (light volume), YNDX -3.5%, RBCN -3.1%, DNR -2.7%, CROX -1.7%, WMT -1.7% (also raises dividend and expanding small store format), PAAS -1.6%, RGP -1.6% (light volume), ALLE -1.2%, (light volume), WMB -1.2%, SNPS -0.4% (also announces acquisition of Coverity, a provider of software quality, testing, and security tools, for $375 mln, or $350 mln net of cash).
M&A news: FB -1.9% (to acquire WhatsApp, a mobile messenger, for $16 bln).
Select solar names showing early weakness: YGE -3.8%, TSL -1.6%, JKS -1.5%, RSOL -1%, .
Other news: ONTX -35.1% (announces results from Phase 3 ONTIME Trial of Rigosertib in higher risk myelodysplastic syndromes did not meet primary endpoint; downgraded at Janney and Piper), USU -14.3% (still checking), CYTK -8.1% (announces proposed public offering of common stock; size not disclosed), KYN -5.2% (announces public offering of 6.75 mln shares of its common stock), NCQ -3.7% (intends to raise a total of ~ $20 mln through the combination of a public offering and a private placement with its large shareholders), PLUG -3.1% (still checking), ALU -2.8% (still checking; may be attributed to NOK / JNPR speculation), MUX -2.4% (McEwen Mining El Gallo 1 Mine Expansion Nears Completion), HGG -2.1% (following CONN results), TRP -1.8% (WSJ discusses that Nebraska Judge has blocked his Keystone decision), BERY -1.4% ( announces secondary public offering of 9 mln shares of common stock by funds affiliated with Apollo Global Management).
Analyst comments: PPO -1.4% (downgraded to Mkt Perform from Outperform at William Blair ), ABB -1.2% (downgraded to Sell from Neutral at Goldman), AAPL -0.8% (Apple downgraded to Equal-Weight from Overweight at Barclays)
M&A news: FB -1.9% (to acquire WhatsApp, a mobile messenger, for $16 bln).
Select solar names showing early weakness: YGE -3.8%, TSL -1.6%, JKS -1.5%, RSOL -1%, .
Other news: ONTX -35.1% (announces results from Phase 3 ONTIME Trial of Rigosertib in higher risk myelodysplastic syndromes did not meet primary endpoint; downgraded at Janney and Piper), USU -14.3% (still checking), CYTK -8.1% (announces proposed public offering of common stock; size not disclosed), KYN -5.2% (announces public offering of 6.75 mln shares of its common stock), NCQ -3.7% (intends to raise a total of ~ $20 mln through the combination of a public offering and a private placement with its large shareholders), PLUG -3.1% (still checking), ALU -2.8% (still checking; may be attributed to NOK / JNPR speculation), MUX -2.4% (McEwen Mining El Gallo 1 Mine Expansion Nears Completion), HGG -2.1% (following CONN results), TRP -1.8% (WSJ discusses that Nebraska Judge has blocked his Keystone decision), BERY -1.4% ( announces secondary public offering of 9 mln shares of common stock by funds affiliated with Apollo Global Management).
Analyst comments: PPO -1.4% (downgraded to Mkt Perform from Outperform at William Blair ), ABB -1.2% (downgraded to Sell from Neutral at Goldman), AAPL -0.8% (Apple downgraded to Equal-Weight from Overweight at Barclays)