>>> US Gapping down

Gapping down

News:

  • IDYA -8.8% (stock offering)
  • EFC -3.9% (prices 6 mln shares of common stock at $18.22 per share)
  • GSKY -1.3% (announces multi-year expansion of relationship with Electric & Gas Industries Assn)
  • LGIH -1.2% (June home closings)
  • AES -1% (concluded that a pre-tax impairment charge in the range of ~$500-550 million)

Analyst comments:

  • WTER -3.4% (downgraded to Sell from Hold at Canaccord Genuity)
  • MAS -1.6% (downgraded to Underweight from Neutral at JP Morgan)