18 Biggest Mid-Day Losers For Tuesday - Harley-Davidson (NYSE:HOG), Natural Grocers (NYSE:NGVC), Biglari Holdings (NYSE:BH), Psychemedics (NASDAQ:PMD)

Tenax Therapeutics Inc TENX shares dropped 76 percent to $0.470 after the company reported top-line results from its Phase 3 LEVO-CTS trial in cardiac surgery. The company disclosed that the trial did not achieve primary endpoints. However, the study met two secondary endpoints.
Dimension Therapeutics Inc DMTX shares dipped 47.7 percent to $2.22 after the company reported interim topline results from ongoing Phase 1/2 clinical program for DTX101.
Psychemedics Corp. PMD shares fell 39 percent to $15.62 due to legal ruling that orders the company to compensate Omega Labs for anticompetitive practices in hair drug testing market.
Roadrunner Transportation Systems Inc RRTS tumbled 33.3 percent to $7.70 as the company reported restatement of prior period financial statements.
Seadrill Ltd SDRL shares declined 26.5 percent to $1.96 after the company issued a restructuring update. Seadrill disclosed that the company is targeting reaching an agreement on consensual, comprehensive restructuring prior to maturity of West Eminence facility on April 30, 2017.
First NBC Bank Holding Company FNBC shares dropped 24.8 percent to $4.48. First NBC Bank shares have dropped 80.43 percent over the past 52 weeks, while the S&P 500 index has gained 17.61 percent in the same period.
Under Armour Inc UAA shares fell 24.4 percent to $21.88 after the company reported downbeat results for its fourth quarter
Under Armour Inc UA dropped 21.5 percent to $19.69 after the company reported downbeat results for its fourth quarter and issued a weak revenue forecast for 2017.
Eco-Stim Energy Solutions Inc ESES fell 15.6 percent to $1.69. Eco-Stim Energy shares have declined 7.75 percent over the past 52 weeks, while the S&P 500 index has gained 17.61 percent in the same period.
Rayonier Advanced Materials Inc RYAM declined 13.8 percent to $14.46. Rayonier reported Q4 earnings of $0.18 per share on revenue of $231 million.
Summit Midstream Partners LP SMLP shares fell 8.2 percent to $24.00. Summit Midstream Partners priced an underwritten offering of 4,000,000 common units at a price of $24.00 per common unit.
Greenbrier Companies Inc GBX shares declined 7.3 percent to $42.05 after the company reported a proposed offering of senior convertible notes.
Natural Grocers by Vitamin Cottage Inc NGVC dropped 5.8 percent to $12.61. Jefferies downgraded Natural Grocers from Buy to Hold.
Integrated Device Technology Inc IDTI shares fell 5.2 percent to $24.98. Integrated Device Technology posted upbeat Q3 earnings, but issued a weak Q4 outlook. Summit Redstone Partners downgraded Integrated Device Technology from Buy to Hold.
Teva Pharmaceutical Industries Ltd (ADR) TEVA fell 4.7 percent to $32.91 following news that the company has lost ruling related to Copaxone patents.
Harley-Davidson Inc HOG shares dropped 4 percent to $55.56 after the company posted downbeat earnings for its fourth quarter. The company also said motorcycle shipments declined 11.9 percent in the fourth quarter.
Buffalo Wild Wings BWLD declined 4 percent to $150.15. CLSA downgraded Buffalo Wild Wings from Underperform to Sell.
Biglari Holdings Inc BH slipped 2.5 percent to $459.95. CL King downgraded Biglari Holdings from Buy to Neutral.

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