12 Biggest Mid-Day Losers For Wednesday - Apple (NASDAQ:AAPL)

Sonus Networks, Inc. SONS dropped 14 percent to $6.47. Sonus Networks reported Q3 earnings of $0.12 per share on revenue of $65 million. Sonus projects Q4 earnings of $0.09 to $0.12 per share, and revenue of $65 million to $67 million.
Weatherford International Plc WFT shares declined 13.5 percent to $5.37 after the company posted a wider-than-expected quarterly loss.
Edwards Lifesciences Corp EW shares dropped 13.3 percent to $98.51 on weak sales for the third quarter.
Rocket Fuel Inc FUEL shares declined 13.3 percent to $2.51. Rocket Fuel reported Q3 non-GAAP loss of $0.08 per share on revenue of $62.6 million. The company named Stephen Snyder as CFO.
EXACT Sciences Corporation EXAS fell 12.7 percent to $17.09. Exact Sciences posted a Q3 loss of $0.36 per share on revenue of $28.1 million.
Diplomat Pharmacy Inc DPLO declined 12.2 percent to $25.36. Diplomat Pharmacy named Paul Urick as President, while Gary Kadlec will retire on December 31, 2016. The company also disclosed that Sean Whelan will step down as CFO.
Southwest Airlines Co LUV shares dropped 11 percent to $37.31 after the company reported mixed results for the third quarter. While EPS topped, revenue fell shy of expectations modestly.
Collegium Pharmaceutical Inc COLL shares dropped 8 percent to $15.52 after the company announced a proposed public offering of common stock.
Pandora Media Inc P declined 7.6 percent to $11.25 after the company posted a wider-than-expected loss for its third quarter on Tuesday. Total listener hours grew by 5 percent year-over-year to 5.4 billion.
Chipotle Mexican Grill, Inc. CMG shares dropped 7.3 percent to $375.96 after the company announced weaker-than-expected results for its third quarter.
athenahealth, Inc ATHN shares fell 3.1 percent to $105.06 Morgan Stanley downgraded athenahealth from Overweight to Equal-Weight and lowered the price target from $153.00 to $117.00.
Apple Inc. AAPL shares fell 2.8 percent to $114.90 in pre-market trading. Apple reported better-than-expected earnings for its fourth quarter. However, revenue of $46.9 billion, down 8.9 percent year-over-year, was in line with expectations.

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