Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- SBLK -10.1%, (also announces a $51.5 mln underwritten public offering of common stock), CLC -4.7%
Other news:
- UUUU -25.1% (Energy Fuels announces US$10.0 mln bought deal offering of units; unit price of US$1.80 per unit, consists of one common share and one half of one common share purchase warrant )
- ARLZ -12.1% (shares halted for news pending, still checking)
- SBLK -10.1% (announces a $51.5 mln underwritten public offering of common stock)
- PAH -7.4% (commences a $350 mln underwritten public offering of common stock)
- SQNS -6.3% (to offer newly issued American Depositary Shares in an underwritten public offering)
- MSON -4.6% ( files for extension of time for annual report on form 10-K, appoints Joseph Dwyer as interim CFO, reports prelim results for the year ended June 30, 2016 ), MCFT -3.1% (prices secondary offering of 4 mln shares helf by institutional investors at $10.25 per share)
- SRPT -2.6% (after hours pullback being attributed to Jefferies comments - reiterated Underperform rating and $7 tgt)
- LXRX -2.1% (FDA extended PDUFA date 3 months for Telotristat Etiprate for the treatment of carcinoid syndrome to February 28, 2017 from November 30, 2016 )
- BSPM -1.5% (slightly pullig back following yesterday's big move)
Analyst comments:
- VFC -3% (downgraded to Underperform from Buy at BofA/Merrill)
- SNY -1.2% (resumed with a Underweight at JP Morgan)
- CTSH -1.2% (downgraded to Neutral from Buy at Goldman)
- SYNT -0.8% (downgraded to Underperform from Market Perform at William Blair)