Market Overview

15 Biggest Mid-Day Losers For Friday

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  • Seres Therapeutics Inc (NASDAQ: MCRB) shares fell 73.6 percent to $9.46 after the company reported interim results from SER-109 Phase 2 ECOSPOR study in multiply recurrent clostridium difficile infection. The study did not achieve primary endpoint.
  • MDC Partners Inc (NASDAQ: MDCA) tumbled 30.2 percent to $12.70 after the company posted downbeat quarterly results and lowered its FY16 sales outlook.
  • eHealth, Inc. (NASDAQ: EHTH) shares dropped 27.2 percent to $10.23. eHealth reported a Q2 net loss of $0.5 million, versus a year-ago net income of $5.8 million. The company’s revenue missed estimates.
  • Quotient Ltd (NASDAQ: QTNT) shares dropped 18.5 percent to $6.11. Quotient priced its 2.8 million ordinary shares at $5.50 per share.
  • Stericycle Inc (NASDAQ: SRCL) shares dropped 15.8 percent to $89.22. Stericycle reported Q2 adjusted earnings of $1.1 per share on sales of $891.6 million.
  • Tandem Diabetes Care Inc (NASDAQ: TNDM) declined 13.9 percent to $6.70. Tandem Diabetes Care posted a Q2 loss of $0.60 per share on revenue of $23 million. The company expects full-year revenue of $105 million to $110 million.
  • Arctic Cat Inc (NASDAQ: ACAT) dropped 13.3 percent to $15.85. Arctic Cat reported a Q1 loss of $0.81 per share on sales of $104.9 million. The company lowered its earnings outlook.
  • CyberOptics Corporation (NASDAQ: CYBE) shares tumbled 11 percent to $16.80. CyberOptics posted Q2 earnings of $0.29 per share on sales of $18.6 million.
  • Western Digital Corp (NASDAQ: WDC) shares fell 10.5 percent to $48.08. Western Digital posted better-than-expected earnings for its fourth quarter on Thursday.
  • LifePoint Health Inc (NASDAQ: LPNT) shares declined 10 percent to $57.67 after the company reported weaker-than-expected quarterly earnings and lowered its FY16 guidance.
  • Fortinet Inc (NASDAQ: FTNT) shares dropped 8.5 percent to $34.00. Fortinet reported Q2 earnings of $0.14 per share on revenue of $311.4 million.
  • Pearson PLC (ADR) (NYSE: PSO) shares fell 8.5 percent to $11.70. Pearson reported a drop in its half-year sales.
  • CIGNA Corporation (NYSE: CI) shares declined 5.6 percent to $128.34 as the company posted weaker-than-expected quarterly earnings.
  • Wynn Resorts, Limited (NASDAQ: WYNN) dropped 5.2 percent to $99.25. Wynn Resorts posted upbeat earnings for its second quarter on Thursday.
  • Baidu Inc (ADR) (NASDAQ: BIDU) shares fell 3.4 percent to $159.96 after the company released its Q2 results after market close on Thursday. Baidu reported EPS of $1.22 and revenues of $2.74 billion.

Posted-In: Mid-Day LosersNews Movers & Shakers Intraday Update Markets

 

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