Gapping down
In reaction to disappointing earnings/guidance:
- PLCE -16.4%
Select metals/mining stocks trading lower:
- GFI -2.3%, AU -1.8%, GOLD -1.1%, NEM -0.7%, FCX -0.5%
Other news:
- SE -7.2% (to offer 50 mln ADSs in an underwritten public offering)
- VALE -4.4% (announces temporary removal of executives following dam collapse)
- LTC -2.2% (entered into separate equity distribution agreements for the sale of up to $200,000,000 in aggregate offering price of shares of the common stock)
- NVO -1.1% (Eli Lilly (LLY) announces plan to sell a half-priced version of its Humalog insulin)
Analyst comments:
- BBBY -3.1% (downgraded to Underweight from Equal Weight at Barclays)
- CMTA -2.6% (downgraded to Neutral from Outperform at Robert W. Baird)
- XLNX -0.7% (downgraded to Market Perform from Outperform at BMO Capital Markets)