10 Biggest Mid-Day Losers For Thursday

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  • DragonWave, Inc.(USA) DRWI shares dropped 14.7 percent to $0.930. DragonWave reported a Q1 loss of $0.52 per share on revenue of $9 million.
  • XCel Brands Inc XELB shares fell 8.8 percent to $3.10.
  • TESARO Inc TSRO shares dropped 7.7 percent to $127.66. Tesaro’s sale process is unlikely to result in a deal, according to CNBC's David Faber.
  • Amicus Therapeutics, Inc. FOLD shares declined 7 percent to $12.25. Amicus Therapeutics reported a $225 million public offering of common stock.
  • Catalyst Pharmaceuticals Inc CPRX shares dipped 6.5 percent to $2.92. Catalyst Pharma announced a $150 million mixed securities shelf offering.
  • Arena Pharmaceuticals, Inc. ARNA shares declined 6.4 percent to $23.75 after dropping 2.46 percent on Wednesday.
  • Pieris Pharmaceuticals Inc PIRS shares dropped 5.2 percent to $5.63.
  • ARC Group WorldWide Inc ARCW shares declined 5.2 percent to $2.75.
  • Seagate Technology PLC STX shares fell around 4.6 percent to $37.87. Barclays downgraded Seagate from Equal-Weight to Underweight.
  • Silgan Holdings Inc. SLGN dropped 3.2 percent to $31.11. Goldman Sachs downgraded Silgan from Neutral to Sell.
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Posted In: NewsMovers & ShakersIntraday UpdateMarketsAnalyst RatingsMid-Day LosersTop Losers
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