Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- STNG -5.7%
Select metals/mining stocks trading lower:
- HMY -4.7%, GFI -1.8%, AUY -1.4%, GOLD -1.1%, GDX -0.8%, NEM -0.8%, GLD-0.7%
Other news:
- HMNY -13.6% (files for approx 9.1 mln share common stock offering by holders)
- TISI -5.9% (CEO steps down)
- FRED -3.1% (amends short-term shareholder rights plan to protect the ability to utilize net operating losses)
- CLDR -2.1% (files $175 mln mixed securities shelf offering)
- RYAAY -1.8% (after acknowledging that a scheduling mix up will force it to cancel hundreds of flights over the coming weeks), .
Analyst comments:
- BRKS -4.3% (downgraded to Hold from Buy at Needham)
- CRUS -2% (initiated with a Underperform at BofA/Merrill)