>>> US Gapping Down

In reaction to disappointing earnings/guidance: n/a

Other news:
  • ELGX -16.6% (Endologix announces temporary hold on shipments of its AFX Endovascular AAA System to complete investigation of manufacturing issue with some sizes)
  • BAS -10% (successfully completes prepackaged restructuring and emerges from Chapter 11 with $125 million of new capital and debt level reduced by $775 million)
  • AVXS -5.2% (following IONS/BIIB spinal muscular atrophy drug approval news)
  • HMNY -4.5% (filed for 3,926,293 share common stock offering by selling security holders)
  • AMRS -4.5% (filed for offering of 10 mln shares of common stock on behalf of selling stockholders)
  • RBA -3.1% (light volume; reported auction update and was downgraded at Raymond James)
  • AMPH -2.3% (receives complete response letter for Primatene mist from the FDA)
  • DB -2.2% (following weakness in overseas trade)
Analyst comments:
  • GPRO -0.3% (cautious Piper commentary regarding holiday sales)