>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:
  • CMTL -10.9%, PIR -10.2%, SINO -6.2%, RAD -3.1%, SHW -2.5%, ENZ-1.7%, ACN -1.6%, ANGO -1.1%, MTN -0.6%, PRGS -0.5%
Other news:
  • DXCM -26.3% (Glucose monitoring systems focused company Dexcom is 15% lower on Abbott (ABT) FDA news)
  • ITCI -5.1% (prices $150 million public offering of common stock at $15.50/share)
Analyst comments:
  • MTOR -5.7% (downgraded to Sector Weight from Overweight at KeyBanc Capital Mkts)
  • QVCA -4.8% (downgraded to Sell at Citigroup)
  • TRVG -2.1% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
  • ENDP -2.9% (initiated with a Sell at Goldman)
  • ADM -1.9% (downgraded to Neutral from Buy at Citigroup)
  • BG -1.1% (downgraded to Neutral from Buy at Citigroup)
  • ANET -0.9% (downgraded to Market Perform from Outperform at BMO Capital Markets)