Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- XTLY -22.3%, DLTH -18.7%, RH -17.8%, DTEA -16.1%, NCS -7.3%, FRED -3.6%, LAYN -2%, MTN -0.6%
M&A news:
- SBGL -15.3% (acquired SWC for $18.00 per share)
Select EU financial related names showing weakness:
- DB -3.7%, PUK -3.2%, SAN -2.3%, RBS -2.3%, LYG -2.2%, BBVA -1.9%, CS -1.8%, ING -0.9%
Select metals/mining stocks trading lower:
- HMY -5.7%, GFI -4.5%, MT -2%, AU -1.9%, PAAS -1.5%, GDX -1.3%, RIO -1.2%, ABX -1.1%, NEM -0.9%
Other news:
- SCON -28.2% (prices $10.2 mln offering at $1.50/share)
- MVIS -21.8% ( announces proposed public offering of common stock)
- USAC -8.7% (prices 4.5 mln shares of common stock at $16.25 per share)
- AIRG -6.1% (prices 1,352,941 share offering at $17.00/share)
- FRO -1.7% (mandates Arctic Securities to assist in a contemplated offering for issue of 13,422,819 new shares for gross proceeds of $100 mln)
- WSM -1.3% (RH sympathy)
Analyst comments:
- BCS -3.5% (downgraded to Underperform from Neutral at BofA/Merrill)