Gapping down
In reaction to disappointing earnings/guidance: HWAY -21.1%, KMX -4.5%, SWHC -2.2%, HSY -2.1%, FNSR -1.9%, FNSR -1.9%, RHT -1.6%, .
Other news: PVCT -20.2% (announced proposed public offering of common stock and warrants, size not disclosed), TKMR -13.5% (Provides Update on TKM-Ebola-Guinea), MAC -6.7% (Pennsylvania R.E.I.T. and Macerich (MAC) announce Philadelphia City Council has approved the six ordinances and one resolution that allow for the redevelopment of The Gallery in Philadelphia including $55.0 mln in Tax Increment Financing), WSTC -4.8% (announced an underwritten public offering of 7 mln shares of common stock by certain of its existing stockholders; West to repurchase 1 mln shares in a private transaction), DBVT -4.6% (news circulates on competitor's drug advancement), MRGE -4.1% (announces holders of its Series A Convertible Preferred Stock, have waived their right to redeem their shares prior to August 25, 2015), ZGNX -3.1% (shareholders approved 1-8 reverse stock split; split will take effect on July 1, 2015), RESI -2.1% (announced Ashish Pandey will step down as CEO, effective June 30, 2015; Board has appointed George G. Ellison to serve as CEO), DB -1.7% (still checking), SSNC -1.6% (attributed to offering), WEN -1.6% (still checking), FCX -1.3% (copper down between 1-2% in pre-mkt), TERP -0.5% (prices offering of 15,750,000 shares of common stock at $38.00 per share)
Analyst comments: ZOES -4.9% (announces resignation of CFO Jason Morgan, effective June 18, 2015; also downgraded to Neutral from Overweight at Piper Jaffray), BMRN -0.9% (downgraded to Neutral at Robert W. Baird; tgt to $133 from $125
)
In reaction to disappointing earnings/guidance: HWAY -21.1%, KMX -4.5%, SWHC -2.2%, HSY -2.1%, FNSR -1.9%, FNSR -1.9%, RHT -1.6%, .
Other news: PVCT -20.2% (announced proposed public offering of common stock and warrants, size not disclosed), TKMR -13.5% (Provides Update on TKM-Ebola-Guinea), MAC -6.7% (Pennsylvania R.E.I.T. and Macerich (MAC) announce Philadelphia City Council has approved the six ordinances and one resolution that allow for the redevelopment of The Gallery in Philadelphia including $55.0 mln in Tax Increment Financing), WSTC -4.8% (announced an underwritten public offering of 7 mln shares of common stock by certain of its existing stockholders; West to repurchase 1 mln shares in a private transaction), DBVT -4.6% (news circulates on competitor's drug advancement), MRGE -4.1% (announces holders of its Series A Convertible Preferred Stock, have waived their right to redeem their shares prior to August 25, 2015), ZGNX -3.1% (shareholders approved 1-8 reverse stock split; split will take effect on July 1, 2015), RESI -2.1% (announced Ashish Pandey will step down as CEO, effective June 30, 2015; Board has appointed George G. Ellison to serve as CEO), DB -1.7% (still checking), SSNC -1.6% (attributed to offering), WEN -1.6% (still checking), FCX -1.3% (copper down between 1-2% in pre-mkt), TERP -0.5% (prices offering of 15,750,000 shares of common stock at $38.00 per share)
Analyst comments: ZOES -4.9% (announces resignation of CFO Jason Morgan, effective June 18, 2015; also downgraded to Neutral from Overweight at Piper Jaffray), BMRN -0.9% (downgraded to Neutral at Robert W. Baird; tgt to $133 from $125
)