Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- CBK -16.2%, TIF -4.7%, PLG -3.9%
M&A news:
- NBL -0.5% (to acquire CWEI for $139 per share)
Other news:
- ADHD -52.6% (reports that the Phase 3 clinical trial of MDX in adults with ADHD missed the primary endpoint)
- GLBS -26.1% (announced that its previously disclosed private placement/conversion of debt will not occur as planned (previously described on November 28, 2016))
- UEC -11.9% (confirms underwritten public offering of units of the company at price of $1.50/unit)
Analyst comments:
- VOD -2.7% (downgraded to Hold from Buy at HSBC)
- NVS -1.6% (downgraded to Hold from Buy at Berenberg)
- CMG -1.4% (downgraded to Neutral from Overweight at JP Morgan)
- TWTR -1.1% (downgraded to Neutral from Buy at UBS)
- NAVI -1.1% (downgraded to Neutral from Overweight at JP Morgan )
- ING -1% (downgraded to Neutral from Buy at Goldman)