10 Biggest Mid-Day Losers For Wednesday

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  • GlobeImmune Inc GBIM shares tumbled 40.4 percent to $1.07 after the company reported delisting and deregistration of common stock.
  • Eagle Bulk Shipping Inc EGLE shares fell 16.1 percent to $0.365. Eagle Bulk Shipping reported proceeds of $85 million in sale of common stock.
  • Supercom Ltd SPCB tumbled 11.7 percent to $3.31. SuperCom reported Q1 earnings of $0.01 per share on revenue of $5.9 million.
  • Vuzix Corporation VUZI dropped 10.1 percent to $6.18. Vuzix priced 1 million shares at $5.75 per share.
  • Novadaq Technologies Inc. NVDQ fell 9.8 percent to $8.70. NOVADAQ announced the resignation of its President, CEO and Chairman, Arun Menawat. The company named Bill MacKinnon as Chairman and Rick Mangat as President and CEO.
  • Telecom Italia SpA (ADR) TI shares declined 9.5 percent to $7.22. JP Morgan downgraded Telecom Italia from Overweight to Neutral.
  • Commercial Vehicle Group, Inc. CVGI shares fell 6.8 percent to $4.66. Seaport Global downgraded Commercial Vehicle Group to Neutral.
  • Greenbrier Companies Inc GBX shares dropped 5 percent to $27.38 after the company reported stronger-than-expected results for its third quarter and raised its quarterly dividend by 5 percent to $0.21 per share.
  • American Airlines Group Inc AAL shares dropped 4.1 percent to $27.74. Credit Suisse downgraded American Airlines from Outperform to Underperform and lowered the price target from $47.00 to $28.00.
  • United Continental Holdings Inc UAL shares declined 4 percent to $38.76. Credit Suisse downgraded United Continental from Outperform to Neutral and lowered the price target from $64.00 to $42.00.
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