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20 Biggest Mid-Day Losers For Thursday

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  • Quorum Health Corp (NYSE: QHC) shares declined 51.9 percent to $4.82. Quorum Health reported a Q2 loss of $8.63 per share on revenue of $529.73 million.
  • A Schulman Inc (NASDAQ: SHLM) shares dipped 26.9 percent to $21.92 after the company lowered its FY16 guidance.
  • TCP International Holdings Ltd (NYSE: TCPI) fell 20 percent to $1.36. TCP International announced the resignation of its CEO K.R. "Kaj" den Daas. The company also issued an update on Audit Committee investigation.
  • Technical Communications Corporation (NASDAQ: TCCO) shares dropped 18.7 percent to $2.68. Technical Communications reported a loss of $0.51 per share on revenue of $581,000 for the three months ended July 2, 2016.
  • Intellicheck Mobilisa, Inc. (NYSE: IDN) fell 18.2 percent to $1.30. Intellicheck Mobilisa reported a Q2 loss of $0.19 per share on revenue of $940,354.
  • Avinger Inc (NASDAQ: AVGR) shares dropped 17.6 percent to $3.81. Avinger reported a proposed public offering of common stock.
  • Energy Focus Inc (NASDAQ: EFOI) shares fell 17.4 percent to $4.84 as the company posted weaker-than-expected Q2 results and issued a downbeat revenue forecast for the current quarter.
  • Vista Outdoor Inc (NYSE: VSTO) shares fell 16.7 percent to $42.77. Vista Outdoor reported weaker-than-expected quarterly results.
  • Neos Therapeutics Inc (NASDAQ: NEOS) declined 16.3 percent to $7.17. Neos Therapeutics reported a Q2 loss of $26.5 million on revenue of $1.5 million.
  • Bioanalytical Systems, Inc. (NASDAQ: BASI) dropped 15.6 percent to $1.14. Bioanalytical Systems reported a Q3 loss of $0.05 per share, versus net income of $0.16 per share, in the eyra-ago quarter.
  • Amarin Corporation plc (ADR) (NASDAQ: AMRN) shares declined 10.8 percent to $2.96 after the company reported an offering of American Depositary Shares.
  • Omeros Corporation (NASDAQ: OMER) shares dropped 10.7 percent to $11.49. Omeros reported a public offering of $40 million shares of its common stock.
  • Flowers Foods, Inc. (NYSE: FLO) shares tumbled 10.7 percent to $14.42. Flower Foods, posted in-line earnings for its second quarter. However, the company posted downbeat quarterly sales and lowered its FY16 outlook.
  • Valeant Pharmaceuticals Intl Inc (NYSE: VRX) dropped 10 percent to $24.60. The Wall Street Journal reported an ongoing criminal probe focused on Valeant’s relationship with a closely linked mail-order-pharmacy named Philidor RX Services LLC. The investigation is being run out of the Manhattan U.S. Attorney's office.
  • Neothetics Inc (NASDAQ: NEOT) fell 9.9 percent to $0.919. Neothetics posted a Q2 net loss of $0.19 per share, versus a year-ago net loss of $0.69 per share.
  • Xplore Technologies Corp. (NASDAQ: XPLR) dropped 9.4 percent to $2.21. Xplore Tech reported a Q1 GAAP loss of $0.16 per share on sales of $16.5 million.
  • Superconductor Technologies, Inc. (NASDAQ: SCON) shares declined 6.6 percent to $2.40. Superconductor Tech reported a Q2 loss of $1.14 per share on revenue of $11,000.
  • Franklin Street Properties Corp. (NYSE: FSP) shares declined 6.2 percent to $12.33 after the company announced plans to offer 6.125 million shares of common stock.
  • Shake Shack Inc (NYSE: SHAK) fell 5.2 percent to $38.76. Shake Shack posted better-than-expected Q2 results. However, the company reported weak comparable sales. Same store sales increased 4.5 percent, versus a 12.9 percent growth in the year-ago period. However, analysts were looking for 4.8 percent growth.
  • Blue Buffalo Pet Products Inc (NASDAQ: BUFF) shares fell 5 percent to $25.52. Blue Buffalo Pet Products reported stronger-than-expected results for its second quarter and raised its FY 2016 guidance.

Posted-In: Mid-Day LosersNews Movers & Shakers Intraday Update Markets

 

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