Gapping down
In reaction to earnings/guidance:
- PHG -3.9%, ACI -3.4%, VST -1.1%
Other news:
- HARP -5% (provides litigation updates)
- FSM -4.5% (Fortuna Silver Mines and Roxgold agree to business combination creating a low-cost intermediate global precious metals producer)
- MBIO -2.9% (files for $200 mln mixed securities shelf offering)
Analyst comments:
- ETSY -1.9% (downgraded to Sector Weight from Overweight at KeyBanc Capital Markets)
- HCA -0.8% (downgraded to Neutral from Buy at Citigroup)
- BXMT -0.6% (downgraded to Neutral from Overweight at JP Morgan)
- PII -0.5% (downgraded to Neutral from Buy at Citigroup)