Gapping down
In reaction to disappointing earnings/guidance:
- MCK -3.9%, URBN -3.8%, SQM -3.6%, TARO -2.6%
Other news:
- LK -34.4% (resumption of trading following halt)
- VNRX -11.1% (stock offering)
- ALRM -5.7% (launches offering of 5.62 mln shares by selling stockholders)
- CYRX -4.3% (prices offering of $100.0 mln of convertible senior notes due 2025)
- FND -4.1% (announces pricing of secondary offering of common stock by selling stockholders)
- CABO -3.6% (prices offering of 250,000 shares of its common stock at $1,700.00 per share)
- FCAU -2% (may seek to delay of Fiat special dividend)
- RP -1.8% (prices offerings of common stock and convertible senior notes)
- OCUL -1.2% (prices 8,181,819 shares of its common stock at $5.50/share)
Analyst comments:
- NOVA -1% (downgraded to Neutral from Buy at BofA/Merrill)