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shares fell 46.52 percent to reach a new 52-week low of $9.83 after the company announced plan to lower quarterly cash distributions to $0.14 per common unit, from $0.70 per common unit.
CEB IncCEB shares reached a new 52-week low of $61.95. Barclays downgraded CEB from Equal-weight to Underweight and lowered the price target from $78.00 to $68.00.
Pier 1 Imports Inc PIR shares touched a new 52-week low of $4.59 after the company reported downbeat revenue for its third quarter and lowered its earnings forecast for the year. However, the company's quarterly earnings exceeded analysts' estimates.
Teekay CorporationTK shares fell 54.60 percent to touch a new 52-week low of $7.94 after the company announced plan to cut quarterly dividend to $0.055 per share, from $0.55 per share.
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