11 Biggest Mid-Day Losers For Tuesday - Ballard Power Systems (NASDAQ:BLDP), Evoke Pharma (NASDAQ:EVOK)

Super Micro Computer, Inc. SMCI shares dropped 28.2 percent to $18.91 after the company lowered its Q4 forecast and announced a $100 million buyback plan.
SciClone Pharmaceuticals, Inc. SCLN shares dipped 20.7 percent to $10.52. SciClone Pharma reported that it is no longer speaking with acquirers and plans to remain an independent company. The company projects FY2016 earnings of $0.70 to $0.74 per share on sales of $158.0 million to 163.0 million.
Ballard Power Systems Inc. (USA) BLDP shares dropped 15.5 percent to $1.70.
Netflix, Inc. NFLX shares declined 13.9 percent to $85.10. Netflix posted upbeat earnings for its second quarter, but the company reported weak subscriber growth for the quarter. Netflix added 1.7 million subscribers worldwide during the quarter, well short of the company’s projections.
Ryerson Holding Corp RYI shares dropped 11.3 percent to $17.21 as the company reported a 5 million share common stock offering.
Evoke Pharma Inc EVOK fell 7.6 percent to $2.67. Noble Financial downgraded Evoke Pharma from Buy to Hold.
Guess?, Inc. GES declined 5.7 percent to $14.49. PiperJaffray downgraded Guess? from Neutral to Underweight.
Tower Semiconductor Ltd. (USA) TSEM shares fell 4.7 percent to $12.77. Audio Pixels and TowerJazz reported an agreement for the mass production of groundbreaking, high performance MEMS-based loudspeaker chip.
W W Grainger Inc GWW dropped 3.8 percent to $220.26 after the company reported weaker-than-expected Q2 earnings.
Philip Morris International Inc. PM shares fell 3.3 percent to $99.60 after the company reported downbeat Q2 earnings.
Genuine Parts Company GPC declined 3.2 percent to $98.71. Genuine Parts reported weaker-than-expected Q2 results and reduced its top end of its earlier earnings forecast for 2016.

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