10 Biggest Mid-Day Losers For Wednesday


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


 

  • GlobeImmune Inc (NASDAQ: GBIM) shares tumbled 40.4 percent to $1.07 after the company reported delisting and deregistration of common stock.
  • Eagle Bulk Shipping Inc (NASDAQ: EGLE) shares fell 16.1 percent to $0.365. Eagle Bulk Shipping reported proceeds of $85 million in sale of common stock.
  • Supercom Ltd (NASDAQ: SPCB) tumbled 11.7 percent to $3.31. SuperCom reported Q1 earnings of $0.01 per share on revenue of $5.9 million.
  • Vuzix Corporation (NASDAQ: VUZI) dropped 10.1 percent to $6.18. Vuzix priced 1 million shares at $5.75 per share.
  • Novadaq Technologies Inc. (NASDAQ: NVDQ) fell 9.8 percent to $8.70. NOVADAQ announced the resignation of its President, CEO and Chairman, Arun Menawat. The company named Bill MacKinnon as Chairman and Rick Mangat as President and CEO.
  • Telecom Italia SpA (ADR) (NYSE: TI) shares declined 9.5 percent to $7.22. JP Morgan downgraded Telecom Italia from Overweight to Neutral.
  • Commercial Vehicle Group, Inc. (NASDAQ: CVGI) shares fell 6.8 percent to $4.66. Seaport Global downgraded Commercial Vehicle Group to Neutral.
  • Greenbrier Companies Inc (NYSE: GBX) shares dropped 5 percent to $27.38 after the company reported stronger-than-expected results for its third quarter and raised its quarterly dividend by 5 percent to $0.21 per share.
  • American Airlines Group Inc (NASDAQ: AAL) shares dropped 4.1 percent to $27.74. Credit Suisse downgraded American Airlines from Outperform to Underperform and lowered the price target from $47.00 to $28.00.
  • United Continental Holdings Inc (NYSE: UAL) shares declined 4 percent to $38.76. Credit Suisse downgraded United Continental from Outperform to Neutral and lowered the price target from $64.00 to $42.00.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsMovers & ShakersIntraday UpdateMarketsMid-Day LosersTop Losers