Gapping down
In reaction to disappointing earnings/guidance: MG -6.3%, BBBY -3.2%, AA -2.6%, ATNY -2.4%, ZUMZ -1.2%, STLY -1%, COST -1%, RECN -0.7%
Select metals/mining stocks trading lower: HMY -3.1%, SLV -1.3%, BHP -1.2%, RIO -0.9%, MT -0.8%, AU -0.7%, GDX -0.5%
Other news: ZNGA -10.3% (announced that current CEO Don Mattrick will depart the Company and the Board effective April 8, 2015; Mark Pincus, Zynga's founder and chairman, will return to the role of Chief Executive Officer), EVRY -5.6% (announced it is moving forward with the restructuring plan and has filed voluntary Chapter 11 petitions), MEMP -5.1% (announced secondary public offering of ~4.66 mln common units representing limited partner interests owned by MRD Holdco LLC), QURE -2.5% (discloses update to risk factors statement with respect to the ongoing post-approval review of its Glybera program by the European Medicines Agency), GPT -2.4% (announced public offering of 7 mln shares of common stock), SHPG -2.2% (reports topline results from first of three placebo-controlled Phase 2 studies of SHP625 in children with alagille syndrome; did not meet the primary or secondary endpoints), RDS.A -1.9% (cont weakness following merger news with BG Group), SRC -1.1% (announced commencement of a public offering of 20 million shares of common stock), RGLS -0.8% (filed for ~3.27 mln share common stock offering by selling shareholders)
Analyst comments: CLF -4.4% (downgraded to Underperform from Market Perform at BMO Capital ), VALE -1.3% (downgraded to Underperform from Market Perform at BMO Capital ), TCK -1.1% (downgraded to Neutral from Outperform at Credit Suisse), EMC -0.8% (downgraded to Sector Perform at FBN Securities)
In reaction to disappointing earnings/guidance: MG -6.3%, BBBY -3.2%, AA -2.6%, ATNY -2.4%, ZUMZ -1.2%, STLY -1%, COST -1%, RECN -0.7%
Select metals/mining stocks trading lower: HMY -3.1%, SLV -1.3%, BHP -1.2%, RIO -0.9%, MT -0.8%, AU -0.7%, GDX -0.5%
Other news: ZNGA -10.3% (announced that current CEO Don Mattrick will depart the Company and the Board effective April 8, 2015; Mark Pincus, Zynga's founder and chairman, will return to the role of Chief Executive Officer), EVRY -5.6% (announced it is moving forward with the restructuring plan and has filed voluntary Chapter 11 petitions), MEMP -5.1% (announced secondary public offering of ~4.66 mln common units representing limited partner interests owned by MRD Holdco LLC), QURE -2.5% (discloses update to risk factors statement with respect to the ongoing post-approval review of its Glybera program by the European Medicines Agency), GPT -2.4% (announced public offering of 7 mln shares of common stock), SHPG -2.2% (reports topline results from first of three placebo-controlled Phase 2 studies of SHP625 in children with alagille syndrome; did not meet the primary or secondary endpoints), RDS.A -1.9% (cont weakness following merger news with BG Group), SRC -1.1% (announced commencement of a public offering of 20 million shares of common stock), RGLS -0.8% (filed for ~3.27 mln share common stock offering by selling shareholders)
Analyst comments: CLF -4.4% (downgraded to Underperform from Market Perform at BMO Capital ), VALE -1.3% (downgraded to Underperform from Market Perform at BMO Capital ), TCK -1.1% (downgraded to Neutral from Outperform at Credit Suisse), EMC -0.8% (downgraded to Sector Perform at FBN Securities)