Gapping down
In reaction to disappointing earnings/guidance: KMX -4.5%, HYGS -3.5%, (light volume), GPN -2.3%.
M&A related: K -0.6% (pulling back following yesterday's upside move; Bloomberg discusses that strength in Kellogg yesterday was due to takeover speculation), .
Select European drug names showing weakness: NVS -0.9%, AZN -0.8%.
Other news: OPTT -15.8% (announces proposed public offering of common stock), HALO -13.7% ( Announces Temporary Halt Of Phase 2 Trial Enrollment And Dosing For PEGPH20), USU -12.1% (Bloomberg discusses chances of next nuclear accident ), IDN -7.5% (prices 2,617,000 shares of common stock at $0.80), CYCC -5.7% ( priced of an underwritten public offering of ~2.857 mln shares of its common stock to institutional and other investors at a price to the public of $3.50/share), GNK -5.2% (disclosed that it and certain of its subsidiaries entered into a restructuring support agreement ), WMC -5.1% ( announces public offering of 13 mln shares of common stock), NQ -2.5% (moved higher yesterday after confirming earnings report date - to report Q4 April 10 after the close), V -1.4% (still checking; may be attributed to WMT / MA news), EGLE -1.8% (GNK sympathy), EJ -0.9% (S.A.C. Capital lowers stake to 2.2% from 5.6% ), IHG -0.7% (still checking), SEAS -0.5% (prices $15 mln shares of common stock by Blackstone Group (BX) at $30.00 per share), C -0.2% (Citigroup CEO names Gene McQuade to run stress test process - CNBC), .
Analyst comments: VOD -0.7% (downgraded to Neutral from Buy at Nomura), SONC -1.7% (downgraded to Neutral from Buy at Buckingham Research), DLR -0.4% (initiated with an Underperform at Cowen)
M&A related: K -0.6% (pulling back following yesterday's upside move; Bloomberg discusses that strength in Kellogg yesterday was due to takeover speculation), .
Select European drug names showing weakness: NVS -0.9%, AZN -0.8%.
Other news: OPTT -15.8% (announces proposed public offering of common stock), HALO -13.7% ( Announces Temporary Halt Of Phase 2 Trial Enrollment And Dosing For PEGPH20), USU -12.1% (Bloomberg discusses chances of next nuclear accident ), IDN -7.5% (prices 2,617,000 shares of common stock at $0.80), CYCC -5.7% ( priced of an underwritten public offering of ~2.857 mln shares of its common stock to institutional and other investors at a price to the public of $3.50/share), GNK -5.2% (disclosed that it and certain of its subsidiaries entered into a restructuring support agreement ), WMC -5.1% ( announces public offering of 13 mln shares of common stock), NQ -2.5% (moved higher yesterday after confirming earnings report date - to report Q4 April 10 after the close), V -1.4% (still checking; may be attributed to WMT / MA news), EGLE -1.8% (GNK sympathy), EJ -0.9% (S.A.C. Capital lowers stake to 2.2% from 5.6% ), IHG -0.7% (still checking), SEAS -0.5% (prices $15 mln shares of common stock by Blackstone Group (BX) at $30.00 per share), C -0.2% (Citigroup CEO names Gene McQuade to run stress test process - CNBC), .
Analyst comments: VOD -0.7% (downgraded to Neutral from Buy at Nomura), SONC -1.7% (downgraded to Neutral from Buy at Buckingham Research), DLR -0.4% (initiated with an Underperform at Cowen)