Gapping down
In reaction to earnings/guidance:
- TUP -8.3%, XM -4.4%, TISI -3.1%, OSH -2.3%, ARRY -1.9%, CPB -1.1%, WMK -1%
Other news:
- XENE -5.7% (prices $100 mln offering consisting of stock and warrants)
- ITRI -3.9% (prices underwritten public offering of 3,888,889 shares of common stock at a price to the public of $90.00 per share and prices $400 million zero coupon convertible senior notes offering)
- JNCE -3.2% (prices offering of 5 mln shares of common stock at $11.25 per share)
- APA -1.2% (co and Total [TOT] provided update on Keskesi East-1 discovery well)
- WHD -1% (prices secondary offering of 5.5 mln shares of common stock at for total gross proceeds of $173.3 mln)
Analyst comments:
- AQB -3.3% (downgraded to Neutral from Buy at H.C. Wainwright)
- MTW -1.9% (downgraded to Underweight from Overweight at Barclays)
- WERN -1.3% (downgraded to Neutral from Buy at Goldman)