Gapping down
In reaction to disappointing earnings/guidance: ZU -24.6%, AMBR -18.4%, CAB -9.9%, ACHC -8.9%, PNRA -8.2%, TSLA -7.5%, CSOD -6.7%, BIDU -6.7%, NTAP -6.5%, CAKE -5.8%, AVP -5.6%, MPEL -5.2%, GFI -4.8%, SPRT -4.2%, K -3.2%, DIOD -2.7%, CTL -2.3%, BG -2.2%, SNI -2.2%, HIMX -2.1%, AMAT -1.9%, MATR -1.4%, LPSN -1.2%, CTLT -1.1%, SCSS -1.1%,LPNT -1.1%, PPC -0.9%, DBD -0.9%
Other news: COCO -30% (receives delisting notice from Nasdaq; does not intend to appeal the determination), ACHN -5.2% (prices 12,000,000 shares of common stock at $10.25 per share), IMMR -3.6% (reported that judge denined HTC's summary judgment argument that it did not infringe two IMMR patents, but invalidated three other IMMR patents in suit on procedural grounds),OESX -3.4% (announces $15 mln proposed public offering of common stock), AXP -2.6% (announces that its U.S. co-brand and merchant acceptance agreements with Costco Wholesale (COST) are set to end on March 31, 2016), TTHI -2.5% (commenced an underwritten public offering), VIPS -2.4% (following BIDU results), ATRA -0.9% (pricing of its underwritten public offering of 3,638,333 shares of its common stock at a public offering price of $18.00 per share)
Analyst comments: TSO -3% (downgraded to Neutral from Buy at BofA/Merrill), FTI -1.6% (downgraded to Underperform from Neutral at Credit Suisse), GRFS -1.6% (downgraded to Equal-Weight from Overweight at Morgan Stanley), INXN -1.3% (downgraded to Market Perform from Outperform at Wells Fargo)
In reaction to disappointing earnings/guidance: ZU -24.6%, AMBR -18.4%, CAB -9.9%, ACHC -8.9%, PNRA -8.2%, TSLA -7.5%, CSOD -6.7%, BIDU -6.7%, NTAP -6.5%, CAKE -5.8%, AVP -5.6%, MPEL -5.2%, GFI -4.8%, SPRT -4.2%, K -3.2%, DIOD -2.7%, CTL -2.3%, BG -2.2%, SNI -2.2%, HIMX -2.1%, AMAT -1.9%, MATR -1.4%, LPSN -1.2%, CTLT -1.1%, SCSS -1.1%,LPNT -1.1%, PPC -0.9%, DBD -0.9%
Other news: COCO -30% (receives delisting notice from Nasdaq; does not intend to appeal the determination), ACHN -5.2% (prices 12,000,000 shares of common stock at $10.25 per share), IMMR -3.6% (reported that judge denined HTC's summary judgment argument that it did not infringe two IMMR patents, but invalidated three other IMMR patents in suit on procedural grounds),OESX -3.4% (announces $15 mln proposed public offering of common stock), AXP -2.6% (announces that its U.S. co-brand and merchant acceptance agreements with Costco Wholesale (COST) are set to end on March 31, 2016), TTHI -2.5% (commenced an underwritten public offering), VIPS -2.4% (following BIDU results), ATRA -0.9% (pricing of its underwritten public offering of 3,638,333 shares of its common stock at a public offering price of $18.00 per share)
Analyst comments: TSO -3% (downgraded to Neutral from Buy at BofA/Merrill), FTI -1.6% (downgraded to Underperform from Neutral at Credit Suisse), GRFS -1.6% (downgraded to Equal-Weight from Overweight at Morgan Stanley), INXN -1.3% (downgraded to Market Perform from Outperform at Wells Fargo)