15 Biggest Mid-Day Losers For Tuesday

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  • Adeptus Health Inc ADPT shares dipped 46 percent to $1.00. Medical Properties Trust disclosed that it has agreed in principle with Deerfield Management to restructuring in bankruptcy to Adeptus Health.
  • Seadrill Ltd SDRL shares dropped 40 percent to $1.00. Seadrill and its banking group agreed to extend a series of key dates as part of restructuring efforts.
  • North Atlantic Drilling Ltd. NADL shares tumbled 32.7 percent to $1.13.
  • NewLink Genetics Corp NLNK dropped 19 percent to $18.65. NewLink Genetics disclosed that the interim Phase 2 data showed 52 percent ORR on 50 patients who received combination of indoximod plus pembrolizumab. Patients with non-ocular melanoma achieved a 59 percent ORR.
  • Kate Spade & Co KATE slipped 15.3 percent to $19.32. Kate Spade will spend more time negotiating a sale after receiving an offer from Coach Inc COH, according to Reuters.
  • Acuity Brands, Inc. AYI fell 13.9 percent to $175.75 after the company reported weaker-than-expected results for its second quarter.
  • Steadymed Ltd STDY declined 12 percent to $6.61.
  • Catalyst Biosciences Inc CBIO shares declined 11.4 percent to $7.86.
  • Sito Mobile Ltd SITO fell 11.3 percent to $2.27. SITO Mobile adopted tax benefits preservation plan to protect tax assets.
  • Polarityte Inc COOL shares dropped 10.5 percent to $14.82 after climbing 21.07 percent on Monday.
  • NVIDIA Corporation NVDA declined 5.7 percent to $102.23. Pacific Crest downgraded NVIDIA to Underweight.
  • Seadrill Partners LLC SDLP declined 4.6 percent to $3.33. Seadrill and its banking group agreed to extend a series of key dates as part of restructuring efforts.
  • Urban Outfitters, Inc. URBN shares fell 3.7 percent to $22.35. Citigroup downgraded Urban Outfitters from Buy to Neutral.
  • L Brands Inc LB dropped 3.6 percent to $44.15. Citigroup downgraded L Brands from Buy to Neutral.
  • New Mountain Finance Corp. NMFC shares fell 2.8 percent to $14.52. New Mountain Finance commenced 5 million share offering.
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