>>> US Gapping down

Gapping down

Other news:

  • MEIP -13.3% (MEI Pharma and Helsinn Healthcare SA discontinue the phase 3 Study with pracinostat in AML after completing interim analysis)
  • BLFS -7.7% (prices 5.175 mln common stock offering at $14.50/share)
  • PLYA -4.4% (stock offering by selling stockholders)
  • AKRO -2.2% (files for $300 mln mixed securities shelf offering)
  • VXX -1.9% (trading lower with futures stronger)
  • NVS -0.7% (resolves legacy litigation matters, finalizing settlement of speaker program litigation with US Government)

Analyst comments:

  • NGG -2.5% (downgraded to Hold from Buy at HSBC Securities)
  • LVGO -2.3% (downgraded to Neutral from Buy at Goldman)
  • TEF -0.8% (downgraded to Hold from Buy at HSBC Securities)