Gapping down
In reaction to disappointing earnings/guidance:
- RRGB -16.3%, TCS -14.1%, TGT -6%, CTRN -3.3%, URBN -2%, INTU -1%, HPE -0.9%, TTM -0.9%
Other news:
- PFNX -18.1% (announces offering of common stock)
- ARDX -9.9% (priced public offering of 12.5 mln shares of common stock at $4.00 per share for gross proceeds of $50 mln)
- USAT -2.5% (prices 5,432,583 common stock offering by the co and 553,187 common stock offering by certain selling shareholders at $11.00/share)
- BL -2.3% (prices offering of 3.5 mln shares of common stock by selling shareholders at $40.35 per share)
- CADE -1.7% (prices secondary offering by selling shareholders of 18 mln shares of common stock at $28.00 per share)
Analyst comments:
- DSW -2.6% (downgraded to Hold from Buy at Deutsche Bank)