Gapping down
In reaction to disappointing earnings/guidance: SONC -5.8%
M&A news: CTP -91.3% (announce negotiations with DHR International regarding an acquisition of the co expired with no definitive agreement for the sale of the co having been reached), CORR -3.4% (to acquire the Grand Isle Gathering System for $245 mln from Energy XXI (EXXI); announced 11.25 mln share offering of common stock; increased quarterly dividend to $0.60 from $0.54 per share)
Select metals/mining stocks trading lower: HMY -4.3%, GFI -1.9%, SLV -1.2%, GOLD -1%, SLW -0.8%
Other news: VICL -48.6% (reported top-line results from the Phase 1/2 trial of its therapeutic genital herpes vaccine; neither monovalent nor bivalent vaccine met the primary endpoint), GLOP -8% (announced acquisition of three vessels from GasLog (GLOG) for $483 mln; announced a public offering of 7.5 mln common units), AXN -7.2% (filed for $50 mln mixed securities shelf offering), WSR -4.7% (to make a public offering of 3.75 mln of its common shares), TGEN -2.2% (filed for ~3.72 mln share common stock offering), XL -1.6% (reports of a 5 mln share block trade in the stock), GRBK -1.2% (announced proposed offering of 17 mln shares of common stock), VTG -1.2% (co announced it has retained Lazard to assist in review of financing and strategic opportunities)