12 Biggest Mid-Day Losers For Wednesday

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  • Connecture Inc CNXR shares dipped 26.3 percent to $1.41. Connecture reported a Q4 loss of $0.32 per share on revenue of $20.879 million.
  • The Rubicon Project Inc RUBI shares dropped 25.7 percent to $6.23. Rubicon Project reported upbeat results for its fourth quarter and named Michael Barrett as CEO.
  • DragonWave, Inc.(USA) DRWI shares tumbled 21.1 percent to $1.50. DragonWave reported a $1.79 million private placement.
  • FTD Companies Inc FTD shares dipped 19.7 percent to $18.79. FTD Cos. reported Q4 adjusted net income of $13.3 million on sales of $280.7 million. Sidoti & Co. downgraded FTD from Buy to Neutral.
  • Cypress Energy Partners LP CELP dropped 18.4 percent to $9.66. Cypress Energy Partners posted Q4 earnings of $0.19 per share on revenue of $70.41 million.
  • Goldfield Corp GV shares fell 14.2 percent to $6.05.
  • Navios Maritime Partners L.P. NMM shares declined 14 percent to $2.15. Navios Maritime Partners reported an offering of $100 million at $2.10 per unit.
  • Titan International Inc TWI shares dropped 10.2 percent to $11.02 after the company posted a wider-than-expected Q4 loss.
  • Concordia International Corp CXRX fell 8.7 percent to $2.00. Concordia posted 2016 GAAP net loss from continuing operations of $1,314.1 million on revenue of $816.2 million.
  • Aoxin Tianli Group Inc ABAC fell 8 percent to $2.19. On Tuesday, Aoxin Tianli Group reported Q4 earnings of $0.05 per share.
  • Achaogen Inc AKAO shares declined 4.7 percent to $24.07. Achaogen reported a Q4 loss of $1.04 per share.
  • T2 Biosystems Inc TTOO dropped 3.3 percent to $5.87. Morgan Stanley downgraded T2 Biosystems from Equal-Weight to Underweight.
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