Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- RLGT -4%, CBRL -1.7%
Other news:
- LFVN -23.9% (to delay the release of its Q4 and FY16 financial results following an internal review by Company personnel of its policies and procedures)
- AGIO -5.2% (is offering to sell up to $150 mln of its common stock in an underwritten public offering )
- OAS -4.1% ( announces offering of $250 mln of senior convertible notes due 2023; commenced tender offers to purchase 7.250% senior notes due 2019, 6.500% senior notes due 2021, 6.875% senior notes due 2022, & 6.875% senior notes due 2023 for aggregate cash consideration of up to $275.0 mln)
- CALD -2.9% (announces an underwritten public offering of 4 mln shares of common stock)
- F -1.9% (hosting Investor Day)
- MTU -1.0% (Financials weak in Japan overnight)
Analyst comments:
- COH -2.3% (downgraded to Underweight from Equal-Weight at Morgan Stanley)