Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- SOGO -8.5%, SOHU -8.2%, TSN -6.5%, USFD -4.1%, IX -3.4%, CYOU -2.4%, TXMD -2.1%, EXP -1%, L -1%
M&A news:
- AMID -3% (American Midstream Partners merger with Southcross Energy Partners (SXE) terminated)
Other news:
- SNNA -20.4% (announces that two pivotal acne trials with SNA-001 in conjunction with 1064 nm and 810 nm lasers did not show statistical significance on the primary and secondary endpoints)
- CYH -3.8% (pulling back after last week's 15% advance)
- FHB -0.5% (announces that an affiliate of BNP Paribas (BNPQY) intends to offer 20 mln shares of common stock in an underwritten public offering) .
Analyst comments:
- HCLP -1% (downgraded to Market Perform at Cowen)
- ALK -0.8% (downgraded to Neutral from Outperform at Macquarie)
- CL -0.7% (downgraded to Neutral from Outperform at Macquarie)
- SNCR -0.7% (downgraded to Sell at Stifel)
- TMST -0.5% (downgraded to Sector Weight from Overweight at KeyBanc Capital Mkts)