18 Biggest Mid-Day Losers For Wednesday

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  • Sino-Global Shipping America, Ltd. SINO shares declined 24.8 percent to $3.32. Sino-Global reported a $4.77 million registered direct offering.
  • Galectin Therapeutics Inc GALT shares dropped 22.2 percent to $1.40. Galectin Therapeutics shares have climbed 63.64 percent over the past 52 weeks, while the S&P 500 index has gained 23.32 percent in the same period.
  • Auris Medical Holding AG EARS shares fell 19.6 percent to $0.925 after the company reported the pricing of $10 million offering.
  • ZAIS Group Holdings, Inc. ZAIS shares declined 18.5 percent to $3.52 after surging 110.73 percent on Tuesday.
  • Fossil Group Inc FOSL shares dropped 16.8 percent to $19.03. Fossil Group reported lower earnings for its fourth quarter and issued a weak forecast for the current quarter. Wells Fargo downgraded Fossil Group from Market Perform to Underperform.
  • Natural Alternatives International, Inc. NAII fell 16.4 percent to $9.15. Natural Alternatives reported Q2 earnings of $0.37 per share on revenue of $30.559 million.
  • Gevo, Inc. GEVO shares tumbled 14.5 percent to $1.36. Sabby Management reported a 5.57 percent stake in Gevo.
  • World Fuel Services Corp INT dropped 13 percent to $39.45 after the company posted weak Q4 earnings.
  • VASCO Data Security International, Inc. VDSI dropped 12.6 percent to $13.68. VASCO reported Q4 net income of $5 million on revenue of $47.6 million. The company also expects a weak revenue forecast for the full year.
  • Calix Inc CALX shares fell 12.4 percent to $6.70. Calix reported a Q4 loss of $11.5 million.
  • RPX Corp RPXC slipped 11.1 percent to $10.44. RPX reported Q4 profit of $1.7 million on revenue of $81.8 million.
  • RetailMeNot Inc SALE dropped 10.6 percent to $9.25. On Tuesday, RetailMeNot posted Q4 earnings of $0.37 on revenue of $96.9 million.
  • American International Group Inc AIG declined 8.7 percent to $61.08. AIG posted a wider loss for its fourth quarter and increased its stock buyback program by up to $3.5 billion.
  • My Size, Inc. MYSZ fell 7.4 percent to $7.30 after dropping 28.99 percent on Tuesday.
  • LendingClub Corp LC fell 6.5 percent to $6.17 after the company posted a loss for the latest quarter and issued a weak outlook.
  • Angie's List Inc ANGI declined 6.2 percent to $5.92. Angie's List reported better-than-expected quarterly profit.
  • Quintiles IMS Holdings Inc Q shares dropped 4.2 percent to $78.86. Baird downgraded Quintiles IMS from Neutral to Underperform.
  • Convergys Corp CVG shares fell around 3 percent to $24.27. SunTrust Robinson Humphrey downgraded Convergys from Buy to Hold.
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Posted In: Movers & ShakersIntraday UpdateMarketsAnalyst RatingsMid-Day LosersTop Losers
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