12 Biggest Mid-Day Losers For Tuesday

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  • Axsome Therapeutics Inc AXSM shares dropped 18.7 percent to $3.58. Axsome Therapeutics priced 3.74 million shares at $3.74 per share.
  • Sunshine Heart Inc SSH shares fell 17 percent to $2.35.
  • Aevi Genomic Medicine, Inc. GNMX shares declined 15.8 percent to $1.86. Jefferies downgraded Aevi Genomic Medicine from Buy to Hold.
  • Walter Investment Management Corp WAC shares dropped 13.6 percent to $0.950.
  • Dimension Therapeutics Inc DMTX shares slipped 12.5 percent to $1.75.
  • Layne Christensen Company LAYN shares fell 11.6 percent to $7.96 after the company issued a weak sales forecast for the fourth quarter.
  • Quantenna Communications Inc QTNA shares declined 11.5 percent to $21.56.
  • La Jolla Pharmaceutical Company LJPC shares dropped 10.6 percent to $34.38. La Jolla Pharmaceutical reported a proposed underwritten public offering of common stock.
  • Cheetah Mobile Inc (ADR) CMCM shares slipped 10 percent to $11.13. Cheetah Mobile reported Q4 earnings of $0.06 per share on revenue of $183.59 million.
  • Canadian Solar Inc. CSIQ shares dropped 9.5 percent to $12.26 after the company posted downbeat quarterly earnings and issued a weak forecast.
  • Allegheny Technologies Incorporated ATI shares declined 4.1 percent to $16.85. Longbow Research initiated coverage on Allegheny Technologies with a Buy rating.
  • Genesis Energy, L.P. GEL fell 3.1 percent to $31.83. Genesis Energy disclosed that it has priced its public offering of 4 million common units for gross proceeds of $124 million.
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