Gapping down
In reaction to disappointing earnings/guidance: EZCH -23% (also EZchip's NPS-400 is currently not the plan of record for customer's Cisco (CSCO) next generation line cards), VSLR -8.2%, EXAR -6.9%, NLST -6.7%, INFU -4.7%, ELMD -4.2%, LMNS -3.1%, GDDY -2.7%, PRSS -2.6%, M -2.5%, VUZI -2.1%, AEG -2%, RL -0.9%
Other news: OREX -10.6% (Takeda is now claiming breach of contract; provides statement on termination of the light study and updates on Contrave collaboration with Takeda Pharmaceuticals), SBLK -7.2% (announces $150.0 million public offering of common shares), LAND -5.6% (announced that it plans to sell ~1.1 mln shares of common stock ), CRDS -4.1% (announced a planned rights offering of common stock, to common and preferred shareholders; size not disclosed), RICE -3.7% (prices 6,000,000 shares of its common stock owned by NGP Rice Holdings at $24.20 per share of common stock), AES -1.6% (announced a 60 mln share secondary common stock offering, by selling stockholder Terrific Investment Corporation), PGH -1.3% ( confirms the filing of a preliminary base shelf prospectus for up to $1 bln in securities )
Analyst comments: VALE -0.9% (downgraded to Neutral from Outperform at Macquarie
)
In reaction to disappointing earnings/guidance: EZCH -23% (also EZchip's NPS-400 is currently not the plan of record for customer's Cisco (CSCO) next generation line cards), VSLR -8.2%, EXAR -6.9%, NLST -6.7%, INFU -4.7%, ELMD -4.2%, LMNS -3.1%, GDDY -2.7%, PRSS -2.6%, M -2.5%, VUZI -2.1%, AEG -2%, RL -0.9%
Other news: OREX -10.6% (Takeda is now claiming breach of contract; provides statement on termination of the light study and updates on Contrave collaboration with Takeda Pharmaceuticals), SBLK -7.2% (announces $150.0 million public offering of common shares), LAND -5.6% (announced that it plans to sell ~1.1 mln shares of common stock ), CRDS -4.1% (announced a planned rights offering of common stock, to common and preferred shareholders; size not disclosed), RICE -3.7% (prices 6,000,000 shares of its common stock owned by NGP Rice Holdings at $24.20 per share of common stock), AES -1.6% (announced a 60 mln share secondary common stock offering, by selling stockholder Terrific Investment Corporation), PGH -1.3% ( confirms the filing of a preliminary base shelf prospectus for up to $1 bln in securities )
Analyst comments: VALE -0.9% (downgraded to Neutral from Outperform at Macquarie
)