15 Biggest Mid-Day Losers For Wednesday

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  • Akamai Technologies, Inc. AKAM shares dropped 17.2 percent to $48.11 after the company reported downbeat Q2 revenue and issued a weak Q3 guidance.
  • Globus Medical Inc GMED shares fell 14.4 percent to $22.63. Globus Medical reported Q2 earnings of $0.29 per share on revenue of $137.5 million. The company projects FY16 revenue of $575 million and earnings of $1.20 per share.
  • Knowles Corp KN dropped 14.2 percent to $13.90. Knowles reported Q2 earnings of 0.13 per share on revenue of $190.3 million. The company expects adjusted Q3 earnings of $0.27 to $0.33 per share, on revenue of $225 million to $240 million.
  • Twitter Inc TWTR declined 13.1 percent to $16.04. Twitter reported better-than-expected earnings for its second quarter, but revenue fell short of expectations. The company also issued a weak revenue forecast for the third quarter.
  • Robert Half International Inc. RHI shares tumbled 12.9 percent to $36.10 after the company posted weaker-than-expected Q2 earnings.
  • Nanometrics Incorporated NANO shares fell 11.7 percent to $20.02 as the company posted downbeat Q2 earnings.
  • Skypeople Fruit Juice Inc SPU shares dropped 11.1 percent to $11.56 after falling 28.59 percent on Tuesday.
  • SUPERVALU INC. SVU shares fell 10.8 percent to $4.71 after the company posted weaker-than-expected Q1 earnings.
  • Lumber Liquidators Holdings Inc LL dropped 10.7 percent to $15.16 after the company reported a wider-than-expected quarterly loss.
  • Carter's, Inc. CRI shares declined 10.3 percent to $100.05. Carter's posted Q2 earnings of $0.72 per share on revenue of $639 million.
  • Diana Containerships Inc DCIX fell 10 percent to $3.59 after the company posted Q2 results. Diana Containerships reported a Q2 loss of $0.88 per share.
  • Match Group Inc MTCH declined 8.2 percent to $15.28 after the company released Q2 earnings on Tuesday. Match reported Q2 earnings of $0.17 per share on revenue of $301.119 million.
  • Viper Energy Partners LP VNOM shares fell 6.6 percent to $15.94. Viper Energy priced 7 million units at $16 per unit.
  • C.H. Robinson Worldwide, Inc. CHRW shares fell 4.6 percent to $68.86. CH Robinson reported Q2 earnings of $1 per share on sales of $3.3 billion.
  • Equity Residential EQR fell 4.4 percent to $66.71. Equity Residential reported Q2 funds from operations of $0.76 per share. Equity Residential also narrowed its FFO forecast for FY16.
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