Top 8 Mid-Day Market Losers

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Top Eight Mid-Day Market Losers:
  • Cheetah Mobile Inc. CMCM traded down 18.36% after reporting unfavorable FY16Q1 EPS at $0.11 and sales at $172.9 million this morning.
  • Strongbridge Biopharma plc. SBBP down 9.85% continuing its downtrend from reporting weak FY16Q1 earnings results at $(0.57) vs prior year quarter of $(0.52).
  • NantKwest Inc. NK was trading down 16.20% after Glancy Prongay & Murray LLP filed securities class action lawsuit against NantKwest yesterday after market close.
  • PetroQuest Energy PQ dropped 15.07% after announcing a reverse 4:1 stock split yesterday after market close.
  • Stage Stores Inc. SSI down 15.73% after failing to deliver estimated Q1 results, reporting $(0.57) vs $(0.47) and a negative guidance outlook.
  • Basic Energy Services BAS traded down 10.40% continuing steep downtrend from beginning of May.
  • Teekay Corporation TK fell 8.33% after reporting disappointing earnings this morning.
  • Regis Coporation RGS traded down 7.43% after new overtime U.S. law is expected to raise costs for the company.
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Posted In: Intraday Update
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