18 Biggest Mid-Day Losers For Wednesday

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  • Argos Therapeutics Inc ARGS shares dipped 67.3 percent to $1.44 after the company disclosed that an independent data monitoring committee has recommended discontinuation of ADAPT Phase 3 trial of rocapuldencel-T in metastatic renal cell carcinoma.
  • Servicesource International Inc SREV shares tumbled 31.9 percent to $4.12 after the company posted downbeat Q4 results and issued a weak revenue forecast.
  • HTG Molecular Diagnostics Inc HTGM shares declined 23.6 percent to $1.37. HTG Molecular Diagnostics shares have dropped 37.85 percent over the past 52 weeks, while the S&P 500 index has gained 21.58 percent in the same period.
  • Eyegate Pharmaceuticals Inc EYEG shares dropped 19.7 percent to $2.97. EyeGate filed a $3.285 million at-the-market offering.
  • Entellus Medical Inc ENTL shares fell 18.6 percent to $13.90 after the company posted a wider-than-expected quarterly loss.
  • Parker Drilling Company PKD shares dropped 16 percent to $1.98. Parker Drilling Company reported a 12 million share offering.
  • DryShips Inc. DRYS fell 15 percent to $2.79. DryShips shares have tumbled 99.75 percent over the past 52 weeks, while the S&P 500 index has gained 21.58 percent in the same period.
  • Texas Roadhouse Inc TXRH shares declined 13.3 percent to $41.46 after the company posted weaker-than-expected Q4 results.
  • Nautilus, Inc. NLS shares fell 13 percent to $15.45 after the company posted weak Q4 results.
  • Silver Spring Networks Inc SSNI shares slipped 12.4 percent to $12.30. Silver Spring Networks reported a Q4 loss of $14 million. Wunderlich downgraded Silver Spring Networks from Buy to Hold.
  • Global Blood Therapeutics Inc GBT fell 9.3 percent to $25.85 as the company reported a proposed public offering of $75 million in common stock.
  • Papa John's Int'l, Inc. PZZA dropped 7.1 percent to $79.54. Papa John's posted upbeat earnings for its fourth quarter, but revenue missed expectations.
  • First Solar, Inc. FSLR tumbled 6.7 percent to $34.17. First Solar reported better-than-expected results for its fourth quarter and raised its FY17 revenue forecast. Credit Suisse downgraded First Solar from Neutral to Underperform.
  • Canadian Solar Inc. CSIQ fell 6.3 percent to $14.39. JP Morgan downgraded Canadian Solar from Overweight to Neutral.
  • AngloGold Ashanti Limited (ADR) AU shares slipped 6.2 percent to $11.77. Citigroup downgraded AngloGold Ashanti from Neutral to Sell.
  • Tesoro Logistics LP TLLP shares declined 6.1 percent to $55.69. Tesoro Logistics priced its 5 million common unit offering for gross proceeds of $284 million.
  • Seadrill Ltd SDRL shares fell 6.1 percent to $2.02 after gaining 10.82 percent on Tuesday.
  • Criteo SA (ADR) CRTO fell 3.6 percent to $44.30. Criteo reported Q4 adjusted earnings of $0.84 per share on revenue of $225 million. The company also issued disappointing revenue forecast for the current quarter.
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