15 Biggest Mid-Day Losers For Thursday - Cato (NYSE:CATO)

Netlist, Inc. NLST shares dipped 27.6 percent to $0.615. Netlist priced 8.5 million shares at $0.60 per share.
XCel Brands Inc XELB shares fell 15.6 percent to $4.05.
Briggs & Stratton Corporation BGG shares tumbled 12.6 percent to $21.03 after the company reported downbeat results for its fourth quarter and issued a weak forecast for the full year.
Lakeland Industries, Inc. LAKE shares dropped 12.4 percent to $13.72. Lakeland priced its 725,000 share offering at $13.80 per share. Lakeland expects Q2 earnings of $0.19 to $0.21 per share on sales of $23 million to $25 million.
L Brands Inc LB dropped 11.4 percent to $35.10. L Brands reported upbeat earnings for its second quarter, but lowered its profit outlook for the full year.
Netshoes (CAYMAN) Ltd NETS declined 9.8 percent to $14.60. Jefferies downgraded Netshoes from Buy to Hold.
Gain Capital Holdings Inc GCAP fell 9.2 percent to $6.20. GAIN Capital priced its $80 million of Convertible Senior Notes due 2022.
Phoenix New Media Ltd ADR FENG dropped 8.6 percent to $3.61.
SpartanNash Co SPTN shares fell 8.2 percent to $23.84. SpartanNash reported Q2 adjusted earnings of $0.60 per share on revenue of $1.89 billion. The company also named Mark Shamber as CFO effective September 11.
Vipshop Holdings Ltd - ADR VIPS declined 7 percent to $10.33 after the company posted downbeat quarterly earnings.
Cato Corp CATO dropped 6.8 percent to $13.79. Cato reported a Q2 loss of $0.03 per share on revenue of $205 million.
NetApp Inc. NTAP fell 6.3 percent to $39.74. NetApp reported better-than-expected earnings for its first quarter on Wednesday.
Stein Mart, Inc. SMRT dropped 5.6 percent to $1.18 as the company posted a wider-than-expected loss for its second quarter on Wednesday.
Cisco Systems, Inc. CSCO shares declined 4.2 percent to $31.00. Cisco reported in-line earnings for its fourth quarter. However, the company projects Q1 sales to drop 1 percent to 3 percent year-over-year.
China Rapid Finance Ltd - ADR XRF shares fell 3.6 percent to $6.64. China Rapid Finance’s net loss attributable to the shareholders increased to $96.4 million, or $1.93 per share in the second quarter, from $7.3 million, or $0.45 per share, in the year-ago period.

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