Gapping down
In reaction to disappointing earnings/guidance: DKS -15.3%, SPLS -10.5%, URBN -4.5%, VOD -3.6%, CNTF -2.4%, HD -1.4%, PLAB -1.3%, PRGN -1.2%.
M&A news: T - 1.0% (WSJ discusses regulatory concerns with DTV acquisition).
Other news: ECYT -5.4% (co and Merck (MRK) announced withdrawal of conditional marketing authorization applications for vintafolide and companion imaging components, etarfolatide and intravenous folic acid in Europe), ACRX -3.4% (filed for $150 mln mixed securities shelf offering; also files for 3.07 mln share common stock offering by selling shareholders), GPK -2.3% (announced commencement of a secondary common stock offering of 43,654,214 shares by selling stockholders), SWHC -1.9% (trading lower following DKS earnings, commentary on weak hunting season), LOW -1.2% (in sympathy with HD earnings), BP -1% (efforts to reverse oil spill ruling has been denied, according to reports), HSBC -0.7% (charged for rate rigging by EU).
Analyst comments: MCP -1.8% (downgraded to Underweight from Equal-Weight at Morgan Stanley), JCP -0.9% (downgraded to Underperform from Market Perform at Wells Fargo), LOCK -0.7% (downgraded to Neutral from Buy at Goldman), APC -0.7% (downgraded to Equal Weight from Overweight at Barclays).
In reaction to disappointing earnings/guidance: DKS -15.3%, SPLS -10.5%, URBN -4.5%, VOD -3.6%, CNTF -2.4%, HD -1.4%, PLAB -1.3%, PRGN -1.2%.
M&A news: T - 1.0% (WSJ discusses regulatory concerns with DTV acquisition).
Other news: ECYT -5.4% (co and Merck (MRK) announced withdrawal of conditional marketing authorization applications for vintafolide and companion imaging components, etarfolatide and intravenous folic acid in Europe), ACRX -3.4% (filed for $150 mln mixed securities shelf offering; also files for 3.07 mln share common stock offering by selling shareholders), GPK -2.3% (announced commencement of a secondary common stock offering of 43,654,214 shares by selling stockholders), SWHC -1.9% (trading lower following DKS earnings, commentary on weak hunting season), LOW -1.2% (in sympathy with HD earnings), BP -1% (efforts to reverse oil spill ruling has been denied, according to reports), HSBC -0.7% (charged for rate rigging by EU).
Analyst comments: MCP -1.8% (downgraded to Underweight from Equal-Weight at Morgan Stanley), JCP -0.9% (downgraded to Underperform from Market Perform at Wells Fargo), LOCK -0.7% (downgraded to Neutral from Buy at Goldman), APC -0.7% (downgraded to Equal Weight from Overweight at Barclays).