Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- FOSL -18.9%, ESNC -16.9%, TRUP -11.7%, PLAB -11%, LC -9.5%, CALX -8.5%, NAII -7.8%, HOLI -5.6%, AIG -5%, CRNT -3.9%, MASI -3.2%, OMI -3.1%
- CZR -2.3%, ASGN -2.1%, CBB -1.6%, SEV -1.4%, BYD -1.3%, VDSI -1.3%, RPXC -1.2%, NBIX -0.9%, MFS -0.9%, LXFT -0.7%, DNOW -0.7%, TECK -0.6%
Select oil/gas related names showing early weakness:
- SDRL -3.2%, BP -2.3%, RDS.A -2.3%, SLB -0.5%
Other news:
- EARS -18.3% ( to sell common shares and warrants to purchase its common shares in an underwritten public offering; updates on patent case again Otonomy)
- UNXL -10.7% (may be related to yesterday's announcement of public offering)
- SBCF -4.7% (commences common stock offering)
- CSX -2.1% (calls special meeting in light of Mantle Ridge and Hunter Harrison requests; CSX has concerns with proposals)
- STNG -1.8% (announced that Scorpio Services Holding Limited, a related party affiliate, purchased an aggregate of 650,000 common shares of the Company in the open market at an average price of $4.40 per share)
- MRK -1.4% (announces EPOCH study of Verubecestat for the treatment of people with mild to moderate Alzheimer's disease to stop for lack of efficacy )
- DE -1.4% (Berkshire Hathaway decreased stake)
Analyst comments:
- UAA -1.5% (downgraded to Negative from Neutral at Susquehanna)
- OHI -0.9% (downgraded to Hold from Buy at SunTrust )
- HOLX -0.5% (downgraded to Neutral from Buy at BofA/Merrill)