>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance
:

  • ZOES -28.5%, HIBB -15.7%, EGHT -10.2%, GPS -7.7%, ADSK -5%, BKE -4.9%, NTNX -4.7%, ROST -4.3%, VEEV -2.5%, SPLK -2%

Other news:

  • BGSF -12.7% (commences common stock offering)
  • CPE -4.2% (Callon Petroleum to acquire certain producing oil and gas properties and undeveloped acreage for total consideration of $570 million in cash from Cimarex Energy; commences 22 mln common stock offering)
  • GERN -3.3% (files $250 mln mixed securities shelf offering)
  • LNG -1.5% (files mixed securities shelf offering)
  • XEC -0.8% (Callon Petroleum to acquire certain producing oil and gas properties and undeveloped acreage for total consideration of $570 million in cash from Cimarex Energy)
  • P -0.5% (files mixed securities shelf offering for an undisclosed amount)

Analyst comments:

  • CBB -1.9% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
  • UPL -0.5% (downgraded to Hold from Buy at Stifel)