Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- RECN -8.4%, SCHN -2%
M&A news:
- FSLR -1.2% (First Solar says reviewing alternatives for the sale of its interests in 8point3 Energy Partners)
Other news:
- CAFD -15.2% (First Solar says reviewing alternatives for the sale of its interests in 8point3 Energy Partners)
- SYNC -10.8% (to offer shares of its common stock in an underwritten public offering)
- VII -9.4% (after surging 150% higher)
- TEUM -6.5% (Form 10-K for the year ended December 31, 2016 contained a going concern qualification paragraph in the audit opinion from its independent registered public accounting firm)
- INNL -5.9% (modestly pulling back)
- CHU -5% (following mixed ownership plan)
- WGO -2.9% (Winnebago commences secondary offering of 2,293,277 shares by funds affiliated with Summit Partners)
- CLNS -2.5% (following block trade pricing)
- GPRO -2% (to offer $150 mln aggregate principal amount of convertible senior notes due 2022 in a private placement)
- BSBR -2% (informs that the secondary public offering of 80 mln share deposit certificates held by Qatar Holding LLC was concluded at R$25.00)
Analyst comments:
- SGYP -5.1% (downgraded to Sell from Neutral at Citigroup)
- AMD -4.9% (initiated with a Sell at Goldman)
- TMUS -1.5% (downgraded to Hold from Buy at Deutsche Bank)
- BG -1.5% (downgraded to Underweight from Neutral at JP Morgan)