15 Biggest Mid-Day Losers For Wednesday

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  • Cyclacel Pharmaceuticals Inc CYCC shares tumbled 40.2 percent to $1.76. Cyclacel Pharma reported the pricing of offering for $13.2 million in gross proceeds.
  • DryShips Inc. DRYS shares dipped 35.5 percent to $0.537 after the company announced another reverse stock split.
  • Spherix Inc SPEX shares dropped 22.1 percent to $2.08. Spherix priced 1.25 million shares at $2 per share.
  • Ekso Bionics Holdings, Inc. EKSO shares declined 19.1 percent to $1.69. Ekso Bionics reported a proposed $34 million rights offering.
  • Ominto Inc OMNT shares slipped 13.9 percent to $7.68.
  • China Lending Corp CLDC shares dropped 13.3 percent to $3.20.
  • Northern Trust Corporation NTRS shares fell 6.3 percent to $91.22 after the company reported downbeat Q2 earnings.
  • Community Healthcare Trust Inc CHCT declined 5.6 percent to $24.54. Community Healthcare Trust reported offering of 4.25 million shares of common stock.
  • W W Grainger Inc GWW shares fell 5.8 percent to $164.50. Grainger posted upbeat Q2 earnings, while sales missed expectations.
  • McCormick & Company, Incorporated MKC dropped 5.5 percent to $91.85 as the company agreed to acquire Reckitt Benckiser's Food Division for $4.2 billion.
  • CSX Corporation CSX shares slipped 5.4 percent to $51.67. CSX reported better-than-expected profit for its second quarter and announced a $500 million share buyback plan.
  • Inovio Pharmaceuticals Inc INO dropped 4.8 percent to $7.45. Inovio reported a $75 million offering of common stock.
  • Olympic Steel, Inc. ZEUS fell 4.3 percent to $17.99. Olympic Steel is expected to release Q2 earnings on August 3.
  • International Business Machines Corp. IBM shares declined 4.1 percent to $147.70. IBM reported stronger-than-expected earnings for its second quarter, while revenue missed estimates.
  • United Continental Holdings Inc UAL fell 3.7 percent to $75.97. United Continental posted upbeat results for its second quarter on Tuesday.
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