Gapping down
In reaction to disappointing earnings/guidance: WTSL -46.9%, (also discusses the need to raise additional capital in 10-Q Filing), LAKE -10.7%, OXM -6.2%, LULU -3.4%, CIEN -2.7%, SURG -2.1%, TEVA -0.5%, (business outlook
Select metals/mining stocks trading lower: RIO -1.8%, MT -1.5%, VALE -1.3%, BHP -1%, AU -0.7%
Other news: ANR -5.3% (cont weakness), NBG -3.5% (cont weakness), CFR -3.3% (negative mention on Mad Money), HDS -2.4% (announced sale of ~40.66 mln shares of common stock by stockholders, including investment funds associated with The Carlyle Group (CG) and Clayton Dubilier & Rice and THD Holdings), RDN -2.3% (Assured Guaranty (AGO) close to deal to acquire RDN's financial guaranty unit, according to reports), MFRM -2.1% (announced that it has commenced an underwritten public offering of 2,185,130 shares of its common stock by certain selling stockholders), NQ -2.1% (on going volatility), NLSN -2.1% (announced offering of 20 mln shares of common stock by selling stockholders), FCAU -1% (prices offering of common shares and offering of mandatory convertible securities), BURL -1% (Burlington Stores announced that affiliates of Bain Capital Partners and certain other stockholders intend to offer 8 mln shares of common stock in an underwritten public offering)
Analyst comments: ARIA +-3.1% (downgraded to Underperform from Neutral at Credit Suisse), AIV +-1.5% (downgraded to Hold from Buy at KeyBanc Capital Mkts), ABBV +-1.5% (downgraded to Equal-Weight from Overweight at Morgan Stanley), TOL +-1% (downgraded to Underperform at RBC Capital Mkts).
In reaction to disappointing earnings/guidance: WTSL -46.9%, (also discusses the need to raise additional capital in 10-Q Filing), LAKE -10.7%, OXM -6.2%, LULU -3.4%, CIEN -2.7%, SURG -2.1%, TEVA -0.5%, (business outlook
Select metals/mining stocks trading lower: RIO -1.8%, MT -1.5%, VALE -1.3%, BHP -1%, AU -0.7%
Other news: ANR -5.3% (cont weakness), NBG -3.5% (cont weakness), CFR -3.3% (negative mention on Mad Money), HDS -2.4% (announced sale of ~40.66 mln shares of common stock by stockholders, including investment funds associated with The Carlyle Group (CG) and Clayton Dubilier & Rice and THD Holdings), RDN -2.3% (Assured Guaranty (AGO) close to deal to acquire RDN's financial guaranty unit, according to reports), MFRM -2.1% (announced that it has commenced an underwritten public offering of 2,185,130 shares of its common stock by certain selling stockholders), NQ -2.1% (on going volatility), NLSN -2.1% (announced offering of 20 mln shares of common stock by selling stockholders), FCAU -1% (prices offering of common shares and offering of mandatory convertible securities), BURL -1% (Burlington Stores announced that affiliates of Bain Capital Partners and certain other stockholders intend to offer 8 mln shares of common stock in an underwritten public offering)
Analyst comments: ARIA +-3.1% (downgraded to Underperform from Neutral at Credit Suisse), AIV +-1.5% (downgraded to Hold from Buy at KeyBanc Capital Mkts), ABBV +-1.5% (downgraded to Equal-Weight from Overweight at Morgan Stanley), TOL +-1% (downgraded to Underperform at RBC Capital Mkts).