Gapping down In reaction to disappointing earnings/guidance: GTI -12.8%, AIR -3.6%, CPRT -2.9%, ACN -2.6%, PZZI -2.5%
Other news: ECTE -71.9% (suspends operations to conserve liquidity), ATOS -54.1% (announced that the FDA has issued a determination that the ForeCYTE Breast Aspirator is "not substantially equivalent" to its predicate device; not cleared for marketing in U.S.), NXTD -7.5% (pulling back modestly following recent surge), MMLP -5.1% (commenced public offering of 3 mln common units under its existing shelf registration statement), GLOP -3.8% (announced public offering of 4.5 mln common units), EVHC -3% (announced sale of 17,500,000 shares of stock by selling stockholders), LAND -2% (announced common stock offering of 1.15 mln shares)
Analyst comments: MS -0.6% (downgraded to Neutral from Overweight at JP Morgan), SDRL -0.6% (resumed with a Underperform at Wells Fargo)