Gapping down
In reaction to disappointing earnings/guidance: NTIP -8.8%, EL -3%, CEA -1.4%
Other news: AXPW -5.6% (discloses entry into a securities purchase agreement to sell $600k principal amount of Senior Convertible Notes and warrants to purchase 510k shares of common stock; also files to delay form 10-Q), PBMD -3.5% (modest pull back after Friday's advance), KKR -3% (KKR's Samson Resources confirms restructuring support agreement with key creditors), AKRX -1.7% (receives a notice from Nasdaq for non-compliance, with regard to failing to file its Form 10-Q for the June-ending quarter), SNN -1.1% (still checking)
Analyst comments: CSCO -1.4% (downgraded to Equal-Weight from Overweight at Morgan Stanley), CYT -0.5% (downgraded to Neutral from Buy at Goldman).
In reaction to disappointing earnings/guidance: NTIP -8.8%, EL -3%, CEA -1.4%
Other news: AXPW -5.6% (discloses entry into a securities purchase agreement to sell $600k principal amount of Senior Convertible Notes and warrants to purchase 510k shares of common stock; also files to delay form 10-Q), PBMD -3.5% (modest pull back after Friday's advance), KKR -3% (KKR's Samson Resources confirms restructuring support agreement with key creditors), AKRX -1.7% (receives a notice from Nasdaq for non-compliance, with regard to failing to file its Form 10-Q for the June-ending quarter), SNN -1.1% (still checking)
Analyst comments: CSCO -1.4% (downgraded to Equal-Weight from Overweight at Morgan Stanley), CYT -0.5% (downgraded to Neutral from Buy at Goldman).