Gapping down
In reaction to disappointing earnings/guidance:
- SORL -11.4%, SNX -6%
Other news:
- ALKS -20.2% (receives refusal to file letter from FDA for ALKS 5461)
- TSLA -4.7% (to recall 123K Model S units; also Tesla says Autopilot was engaged moments before recent collision)
- FB -1.3% (cautious Barrons mention)
- RXII -0.9% (filed $100 mln mixed securities shelf offering)
Analyst comments:
- FIT -5.3% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
- BOFI -1.3% (downgraded to Outperform from Strong Buy at Raymond James)
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