Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- BMI -16.3%, SONC -4.6%, RWLK -3.6%, BRO -1.3%, HOG -1.2%
M&A news:
- IPXL -7.3% (confirms deal to merge with Amneal Pharmaceuticals, reaffirms FY17 guidance)
Other news:
- VICL -7% (files for $23 mln common stock offering)
- VERI -1.7% (CEO tells Reuters the company may tap equity markets next year to fuel growth strategy)
- FCAU -1.4% (reports Sep European sales)
- RIO -0.7% (Rio Tinto reports Q3 production results with updated guidance)
- ABEO -0.6% (prices 5 mln shares of common stock at $16.00 per share)
Analyst comments:
- UNFI -2.4% (downgraded to Underperform at RBC Capital Mkts)
- ERJ -2.1% (downgraded to Hold from Buy at Deutsche Bank)
- ETN -1.6% (downgraded to Underperform from Buy at BofA/Merrill)
- SEP -1.5% (downgraded to Sell from Neutral at Goldman)
- KALU -1.4% (downgraded to Hold from Buy at Deutsche Bank)
- FCX -1.3% (downgraded to Sell from Hold at Deutsche Bank)