Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- BBOX -17.2%, MTSI -15.5%, MANH -10.8%, CMG -8.4%, PAGP -8%, TCS -7.4%, MCHP-6.4%, HAS -6.3%, HAIN -6.2%, JCOM -5%, CDW -4.5%, OLN -3.9%, SITO -3.7%, NTGR-3.6%, SNY -3.4%, HCSG -3%, PAA -2.6%, PFPT -2.4%, EXTR -2.3%, GGP -2.3%, EXC-1.8%, XEL -1.7%, ACXM -1.4%, GILD -1.4%, PRO -1.4%, TKR -1.4%
Other news:
- HK -4.9% (prices 8 mln shares of common stock at $6.90 per share)
- JKS -4.1% (announces follow-on offering of 3,600,000 American depositary shares)
- SMPL -4.1% (commences 8,843,714 common stock offering by selling stockholder Roark Capital )
- TRGP -1.4% ( entered into development joint ventures with investment vehicles affiliated with Stonepeak Infrastructure Partners)
- PDCE -1% (announces year-end 2017 proved reserves of appox 453 MMBoe )
- RIG -0.9% (files mixed securities shelf offering; separately files for offering of up to 98,622,996 shares and approx $553 mln 0.5% exchangeable senior bonds due 2023 by selling securityholders )
Analyst comments:
- PSTG -3.2% (initiated with a Sell at Goldman)
- CBOE -3.4% (downgraded to Neutral from Overweight at JP Morgan)
- ICPT -3.8% (downgraded to Sell from Neutral at Goldman)