>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:
  • HIBB -15.7%, HAS -4.9%, CALM -3.4%, RPM -3.1%, RYAAY -2.9%, TERP-2%, SILC -0.6%, SWK -0.5%
Other news:
  • BPMX -14.1% (discloses entry into Securities Purchase Agreement to sell an aggregate of 5.5 mln shares of common stock at a price of $0.36/share)
  • TEAR -7.2% (pulling back following Friday's strength)
  • RDUS -3.4% (confirms the CHMP issued a second Day-180 List of Outstanding Issues and requested additional data analyses related to the safety and efficacy of abaloparatide-SC)
  • SRPT -1.9% (offering to sell $250 mln in shares of its common stock in an underwritten public offering)
  • PLUG -0.8% (modestly pulling back following Friday's advance)
Analyst comments:
  • CBI -1.7% (downgraded to Neutral from Outperform at Credit Suisse)
  • ATHN -1.3% (downgraded to Underweight at First Analysis Sec)
  • STZ -1.3% (downgraded to Neutral at Goldman; Removed from Conviction Buy List)
  • GS -0.5% (downgraded to Neutral from Buy at UBS)