Market Overview

11 Biggest Mid-Day Losers For Thursday

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Health Insurance Innovations Inc (NASDAQ: HIIQ) shares fell 25.21 percent to $5.25. Raymond James downgraded Health Insurance Innovations from Strong Buy to Market Perform.

SCYNEXIS Inc (NASDAQ: SCYX) shares tumbled 23.84 percent to $3.13 as the company reported top-line results in its proof-of-concept Phase 2 study of SCY-078.

Tailored Brands Inc (NYSE: TLRD) shares declined 21.69 percent to $12.17 as the company reported downbeat Q1 results.

Restoration Hardware Holdings Inc (NYSE: RH) shares dipped 20.99 percent to $28.50 as the company reported weaker-than-expected earnings for the first quarter and lowered its full-year forecast. Deutsche Bank downgraded Restoration Hardware from Buy to Hold and lowered the price target from $50.00 to $35.00.

Agios Pharmaceuticals Inc (NASDAQ: AGIO) fell 16.55 percent to $55.15 after the company reported initial data from the Phase 1 study of AG-519 in healthy volunteers.

FuelCell Energy Inc (NASDAQ: FCEL) shares dropped 15.46 percent to $6.20 after the company reported downbeat results for its second quarter.

Tesco Corporation (USA) (NASDAQ: TESO) shares slipped 9.11 percent to $7.18. Tesco priced offering of 7 million shares at $7.00 per share.

Insmed Incorporated (NASDAQ: INSM) shares dropped 8.39 percent to $11.00. Insmed reported that it has withdrawn its Marketing Authorization Application for ARIKAYCE in Europe.

Performance Sports Group Ltd (NYSE: PSG) shares declined 8.02 percent to $3.21. Performance Sports Group named Harlan Kent as its new Chief Executive Officer and lowered its earnings outlook.

Chesapeake Energy Corporation (NYSE: CHK) shares fell 6.83 percent to $4.64. RBC Capital downgraded Chesapeake Energy from Sector Perform to Underperform.

EnteroMedics Inc (NASDAQ: ETRM) shares dropped 6.84 percent to $0.431. Roth Capital Partners downgraded EnteroMedics from Buy to Neutral.

 

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