Gapping down
In reaction to disappointing earnings/guidance:
- VRNS -16.9%, CSLT -16.9%, INST -12.3%, LL -10.8%, XOXO -10.3%, HLIT -10.1%, ACHC -9.5%, AKS -8.6%, TXRH -8.5%, NTRI -7.1%, AEIS -6.9% (also announces agreement to acquire LumaSense Technologies; shareholders of LumaSense will receive $85 mln), EFII -6% (also CEO Guy Gecht informs Board of intention to step down upon identification of successor), NLS -4.7%, RMBS -4.7%, I -4.2%, DENN -3.4%, CAMT -3.4%, PG -2.8%, TTM -2.6%, SBAC -2.5%, CURO -2.5%, MAS -2.5%, AMKR -2.1%, PES -2%, SIR -2%, APTV -1.6%, TNDM -1.4%, FDP -1.4%, MUX -0.9%, HRS -0.9%, FRAC -0.7%, PFE -0.6%
Other news:
- DFRG -7.7% (announces public offering of up to $75.0 mln of its common stock)
- SSC -5% (raised $26M from various leading strategic investors)
- X -1.5% (following AKS results)
- CMG -1.2% (lower on reports of Powell, Ohio restaurant illness)
- NRZ -1% (entered into $500 mln Distribution Agreement to sell shares of common stock through 'at-the-market' equity offering program )
- COR -0.8% (announced the sale of 2.25 mln shares of common stock by funds affiliated with The Carlyle Group), GT -0.7% (modestly lower in after hours as report circulates regarding potential RV Tire investigation)
Analyst comments:
- SOGO -4.4% (downgraded to Sell from Hold at Deutsche Bank)
- SIG -2% (downgraded to Neutral from Buy at Nomura)
- CX -0.7% (downgraded to Neutral from Outperform at Exane BNP Paribas)
- ATR -0.7% (downgraded to Sell from Hold at Vertical Research)