BUZZ-U.S. STOCKS ON THE MOVE-Penumbra, Versartis, Freeport-McMoRan
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock indexes fell on Friday, after the Federal Reserve's decision to keep interest rates near zero fueled concerns about global growth, muddying the outlook for stocks. The Dow Jones industrial average was down 1.34 percent at 16,451.03, the S&P 500 was down 1.15 percent at 1,967.33 and the Nasdaq Composite was down 0.91 percent at 4,849.247.
** PARSLEY ENERGY INC, $15.285, -7.59 pct
The oil and gas producer announced an offering of 13 million shares of its Class A common stock. The offering size represents about 9.2 percent of the company's total outstanding shares as of May 12.
** VERSARTIS INC, $11.97, +9.02 pct
The drug developer presented promising data from ongoing study testing of its long-acting form of recombinant human growth hormone in pre-pubertal children.
** PRO-DEX INC, $2.52, +6.47 pct Continued...