12 Biggest Mid-Day Losers For Wednesday


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


 

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  • Express, Inc. (NYSE: EXPR) shares dropped 24.4 percent to $12.12 after the company reported downbeat results for its fiscal second quarter and issued a weak outlook for the third quarter and full year.
  • La-Z-Boy Incorporated (NYSE: LZB) shares declined 13.1 percent to $27.11 as the company reported weaker-than-expected sales for its first quarter.
  • Sophiris Bio Inc (NASDAQ: SPHS) shares fell 9.5 percent to $3.52. On Tuesday, Sophiris Bio priced 6.5 million shares and warrants for gross proceeds of $26 million.
  • Seabridge Gold, Inc. (USA) (NYSE: SA) shares dropped 9.4 percent to $10.92. Gold futures fell 1.2 percent to trade at $1,330.30 an ounce.
  • Gold Standard Ventures Corp (NYSE: GSV) shares declined 8.9 percent to $2.45. Gold futures fell 1.2 percent to trade at $1,330.30 an ounce.
  • Endeavour Silver Corp (NYSE: EXK), which dropped 8.8 percent to $4.75. Silver futures declined 2 percent to trade at $18.69 an ounce.
  • Dycom Industries, Inc. (NYSE: DY) shares declined 7.3 percent to $85.24. Dycom reported stronger-than-expected results for its fourth quarter on Tuesday. However, earnings guidance and new unit figures disappointed investors.
  • New Media Investment Group Inc (NYSE: NEWM) dropped 6.2 percent to $15.85. Citigroup downgraded New Media Investment Group from Neutral to Sell.
  • Garmin Ltd. (NASDAQ: GRMN) fell 5.3 percent to $50.85. Goldman Sachs downgraded Garmin from Neutral to Sell.
  • Intuit Inc. (NASDAQ: INTU) shares dropped 3.8 percent to $109.56. Intuit reported better-than-expected Q4 results, but issued a weak revenue forecast for the current quarter.
  • Skullcandy Inc (NASDAQ: SKUL) shares slipped 2.7 percent to $6.25 as the company disclosed that it has entered into a new merger deal with Mill Road Capital. The company also terminated its deal with Incipio.
  • Canadian Solar Inc. (NASDAQ: CSIQ) shares declined 2 percent to $13.18. Barclays downgraded Canadian Solar from Overweight to Equal-weight and lowered the price target from $24.00 to $14.00.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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