Gapping down In reaction to disappointing earnings/guidance: AFOP -18.1%, GLUU -17%, PRXL -14.3%, WTW -10.6%, ISIL -10.3%, ATML -10.1%, RGR -9.9%, ARAY -9.7%, HGG -9.4%, PEIX -9.2%, TGB -8.5%, BGC -7%, AUDC -7%, TRLA -6.5%, ASGN -6.4%, GTLS -5.5%, OXF -5.3%, NKA -4.5%, SFLY -4.1%, OCN -3.9%, TEX -3.5%, AKAM -3.5%, AUY -3.3%, SIMO -3.1%, OII -3%, RRC -2.8%, KRFT -2.8%, GNC -2.7%, PCRX -2.7%, FMC -2.6%, MDC -2.5%, K -2.4%, RRTS -2.3%, QGEN -2.1%, WLL -2%, MZOR -1.9%, ANR -1.9%, RFP -1.8%, AHL -1.7%, GG -1.4%, RDS.A -1.4%, BIDU -1.2%, WSTL -1.2%, RJF -1.1%, HBI -1%, ABX -1%, MDAS -1%, CGI -1%
Select EU related names showing weakness: NBG -8.2%, DB -3.5%, IRE -3.4%, SAN -3.2%, UBS -2.3%, SAP -2.2%
Select metals/mining stocks trading lower: MT -3.4%, AUY -3.3%, CLF -2.7%, RIO -2.2%, GOLD -1.8%, GG -1.4%, IAG -1.3%, ABX -1%, SA -0.8%, GFI -0.6%, NEM -0.6%
Select oil/gas related names showing early weakness: STO -2.6%, RIG -2.6%, SDRL -2.4%, BP -1.7%, PBR 3%
Other news: Z -5.9% (following TRLA earnings/update), WES -4.6% (announces public offering of 7.5 mln common units ), INGN -3.4% (prices 2,100,775 shares of its common stock at $21.50 per share in a secondary offering), OII -3% (filed for offering of senior debt securities), CMRX -2.7% ( files for $150 mln offering of common stock; announces commencement of public offering of ~$105 mln of its common stock ), SWHC -2.7% (following RGR results), AKR -2.1% (announces sale of 3.4 mln common shares), TWTR -1.5% (CNBC reports two key engineers plan to resign), SHLD -1.5% (announces filing of prospectus supplement for rights offering of units consisting of senior unsecured notes and warrants)
Analyst comments: CGG -5.8% (initiated with a Underweight at JP Morgan), ACCO -3.3% (downgraded to Hold from Buy at KeyBanc Capital Mkts), ALK -1.6% (downgraded to Underweight from Neutral at JP Morgan), EVOL -1.5% (downgraded to Neutral from Buy at B. Riley & Co), BWS -1% (initiated with a Underweight at Morgan Stanley), CEO -1% (downgraded to Hold from Buy at Jefferies).