Market Overview

Midday Losers From November 17: DreamWorks, Denbury Resources, ShoreTel, Hanger, LinkedIn


DreamWorks Animation Skg Inc (NASDAQ: DWA) -15% - Shares have cooled off Monday as Hasbro, Inc. takeover discussions surrounding the firm has diminished.

Denbury Resources Inc. (NYSE: DNR) -11% - Late Friday, the company announced that it expects production to remain largely flat next year and plans to halve capital spending. Following the announcement, analysts at Credit Suisse and Sterne Agee downgraded the stock on Monday.

ShoreTel Inc (NASDAQ: SHOR) -10% - On Monday, Mitel announced that it has withdrawn its proposal to acquire ShoreTel.

Hanger Inc (NYSE: HGR) -6% - On Sunday, the company announced it is postponing the release of its third quarter 2014 financial results and is cancelling its previously scheduled earnings conference call to allow additional time for the completion and review of its third quarter financial statements.

LinkedIn Corp (NYSE: LNKD) -5% - Shares are trending lower as a report surfaced that Facebook Inc will be entering the space with a professional website.

Posted-In: Movers


Related Articles (DWA + DNR)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

'Facebook At Work' Poses Little Threat To Microsoft, LinkedIn

Mid-Day Market Update: Allergan Jumps On Actavis Bid; Denbury Resources Shares Slip