12 Biggest Mid-Day Losers For Friday - Ambarella (NASDAQ:AMBA), Cadiz (NASDAQ:CDZI)

Ambarella Inc AMBA dropped 21.6 percent to $42.66. Ambarella reported better-than-expected results for its second quarter on Thursday. Craig-Hallum downgraded Ambarella from Buy to Hold.
Tech Data Corp TECD shares tumbled 18.6 percent to $89.80. Tech Data posted downbeat earnings for its second quarter, while sales exceeded estimates. The company also issued a weak earnings forecast for the current quarter.
Cadiz Inc CDZI shares fell 12.3 percent to $10.70.
Health Insurance Innovations Inc HIIQ shares dropped 11.9 percent to $29.65.
MacroGenics Inc MGNX declined 9.4 percent to $17.13 after the company reported termination of duvortuxizumab collaboration and license deal with J&J's Janssen Biotech.
Progenics Pharmaceuticals, Inc. PGNX shares fell 7.7 percent to $6.21 as the company issued update on timing of NDA submission for AZEDRA. Progenics said that 'manufacturer has requested additional time to prepare for pre-approval inspection of the manufacturing site.'
Southcross Energy Partners LP SXE shares dropped 6.6 percent to $2.41.
Fusion Telecommunications Int'l, Inc. FSNN shares declined 6.2 percent to $2.99 after dropping 6.45 percent on Thursday.
Cooper Companies Inc COO dropped 5.9 percent to $236.13. The Cooper Companies reported Q3 adjusted earnings of $2.64 per share on revenue of $556 million. The company expects FY17 adjusted earnings of $9.66 to $9.76 per share, on sales of $2.129 billion to $2.142 billion.
DryShips Inc. DRYS shares fell 5.3 percent to $2.58. DryShips reported a Q2 loss of $15.6 million on revenue of $16.4 million and announced commencement of rights offering.
Payment Data Systems, Inc. PYDS shares slipped 4.8 percent to $2.25 after surging 44.79 percent on Thursday.
CRH Medical Corp CRHM shares declined 3.1 percent to $2.38. Cantor Fitzgerald downgraded CRH Medical from Overweight to Neutral.

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