Gapping down
In reaction to strong earnings/guidance:
- OMC -1.2%, CMA -0.8%
Other news:
- LADR -7.2% (Related Fund Management (7.4% active stake) says has determined not to further pursue acquisition discussions with the Issuer at this time and are withdrawing their proposal to acquire the Issuer)
- APLS -7.1% (files for 5 mln share common stock offering)
- BLCM -7% (commenced underwritten public offering of 7 mln shares of common stock)
- ICLR -5.9% (agrees on deal w/ Intel (INTL) to enable ICON to offer the Intel Pharma Analytics Platform for use in clinical trials)
- TSLA -0.8% (Buzzfeed details that Tesla has halted Model 3 production again)
Analyst comments:
- CHK -1.6% (downgraded to Sell from Neutral at Citigroup)
- ACIA -0.5% (downgraded to Neutral from Buy at BofA/Merrill)
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