Gapping down
In reaction to disappointing earnings/guidance: FLTX -18.6%, GRPN -12%, ANAD -10.2%, ACTG -9.4%, VCRA -7.1%, (light volume), FNGN -6.7%, EXEL -6.3%, CENX -5.3%, ABTL -5% (also announces intent to file an omnibus shelf registration statement on Form S-3 with the SEC for the offer and sale of securities by the company), IPXL -4.7%, VMI -3.4%, (light volume), TS -2.9%,MXWL -2.8%, DTLK -2.8%, MRVL -2.2% (names Michael Rashkin Chief Financial Officer), NCMI -2.2% (downgraded to Neutral from Buy at B. Riley & Co), MHK -2%, ERF -1.2%, JWN -1% (also downgraded to Hold at Stifel following Q4), BCOR -0.8%, NEM -0.8%, LOPE -0.8% (light volume).
Select metals/mining stocks trading lower: EGO -3.3%, AU -1.2%, GOLD -0.9% (reports a Director sold 40K ordinary shares (UK listed) at GBP47.16) .
Other news: ESI -8.7% (light volume, still checking for catalyst), PGNX -3.1% ( announces proposed public offering of common stock; size not disclosed), PRAN -2.7% (continues to pull back), GM -1.4% (will aim for 10% increase in China sales in 2014, according to reports), HLF -1% ( execs plan to leave for DC to explain business model, according to reports; also Pershing Square Feb investor update released yesterday).
Analyst comments: IHG -3% (downgraded to Underperform from Neutral at Credit Suisse), PHG -1.9% (downgraded to Underperform from Neutral at Exane BNP Paribas ), RPTP -0.8% (downgraded to Neutral from Buy at Ladenburg), WMT -0.2% (downgraded to Hold from Buy at Stifel)
Select metals/mining stocks trading lower: EGO -3.3%, AU -1.2%, GOLD -0.9% (reports a Director sold 40K ordinary shares (UK listed) at GBP47.16) .
Other news: ESI -8.7% (light volume, still checking for catalyst), PGNX -3.1% ( announces proposed public offering of common stock; size not disclosed), PRAN -2.7% (continues to pull back), GM -1.4% (will aim for 10% increase in China sales in 2014, according to reports), HLF -1% ( execs plan to leave for DC to explain business model, according to reports; also Pershing Square Feb investor update released yesterday).
Analyst comments: IHG -3% (downgraded to Underperform from Neutral at Credit Suisse), PHG -1.9% (downgraded to Underperform from Neutral at Exane BNP Paribas ), RPTP -0.8% (downgraded to Neutral from Buy at Ladenburg), WMT -0.2% (downgraded to Hold from Buy at Stifel)