Market Overview

8 Biggest Mid-Day Losers

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  • Cheetah Mobile Inc (ADR) (NASDAQ: CMCM) traded down 18.36 percent after reporting unfavorable FY16Q1 EPS at $0.11 and sales at $172.9 million.
  • Strongbridge Biopharma plc (NASDAQ: SBBP) down 9.85 percent, continuing its downtrend from reporting weak FY16Q1 earnings results at $(0.57).
  • NantKwest Inc (NASDAQ: NK) trading down 16.20 percent after Glancy Prongay & Murray LLP filed securities class action lawsuit against NantKwest.
  • PetroQuest Energy Inc (NYSE: PQ) dropped 15.07 percent after announcing a reverse 4:1 stock split.
  • Stage Stores Inc (NASDAQ: SSI) down 15.73 percent after failing to deliver estimated Q1 results, reporting $(0.57) vs. $(0.47) and a negative guidance outlook.
  • Basic Energy Services (NYSE: BAS) traded down 10.40 percent, continuing steep downtrend since the beginning of May.
  • Teekay Tankers Ltd. (NYSE: TK) fell 8.33 percent after reporting disappointing earnings.
  • Regis Corporation (NYSE: RGS) traded down 7.43 percent after new overtime U.S. law is expected to raise costs for the company.

Posted-In: Intraday Update Movers

 

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