Gapping down
In reaction to disappointing earnings/guidance: PANW -10.7%, GME -6.7%, VNET -5.5%, SPLK -4.4%, NGL -3.6%, CAL -2.6%, WDC -2.3%, DECK -1.7%, SVA -1.3%
M&A news: TEX -18.5% (Zoomlion (ZLIOY) terminates negotiations with Terex in relation to the proposed acquisition), SHPG -0.7% (shareholders vote to approve combination with Baxalta (BXLT))
Select oil/gas related names showing early weakness: CHK -1.9%, WLL -1.5%, MRO -0.9%, BP -0.9%, STO -0.8%
Other news: UNXL -23.1% (commences a public offering of newly issued shares of common stock and warrants to purchase shares of common stock in an underwritten public offering), AVIR -13.2% (voluntarily decides to delay further enrollment in the Phase 2a trial of BTA585 for the treatment of RSV infections being conducted in the U.K.), FEYE -2.3% (in sympathy with PANW earnings), AZN -1.6% (receives Complete Response Letter for sodium zirconium cyclosilicate)
Analyst comments: IONS -3% (downgraded to Market Perform form Outperform at BMO Capital), WDAY -2.3% (downgraded to Underperform at Wedbush)