Skip to main content

Market Overview

12 Biggest Mid-Day Losers For Friday

Share:

 

  • Ocean Rig UDW Inc. (NASDAQ: ORIG) shares tumbled 54.4 percent to $0.985. Ocean Rig reported Q2 EPS $1.83 versus estimates of $0.72. Sales were $452.6 million versus estimates of $376.45 million. During the call, Chairman and CEO George Economou assured the company will focus on de-leveraging and maintaining liquidity, amidst “extremely negative” market conditions.
  • Concordia International Corp (NASDAQ: CXRX) shares dipped 26.3 percent to $12.06 as the company announced second quarter earnings that missed the estimates. Aside from that, the company slashed its forecast for the full year and suspended dividend.
  • Xtera Communications Inc (NASDAQ: XCOM) declined 21.3 percent to $0.890. Xtera Communications reported a Q3 loss of $1.35 per share on revenue of $5.3 million.
  • Superior Drilling Products, Inc. (NYSE: SDPI) shares fell 14.9 percent to $1.20. Superior Drilling Products reported a Q2 loss of $0.18 per share, on revenue of $1.114 billion.
  • Aethlon Medical, Inc. (NASDAQ: AEMD) shares dropped 12.9 percent to $6.59. Aethlon Medical reported a Q1 loss of $0.28 per share, versus a year-ago loss of $0.18 per share.
  • Ruby Tuesday, Inc. (NYSE: RT) shares declined 12.7 percent to $3.26 as the company posted weaker-than-expected earnings for its fourth quarter and announced plans to close around 95 underperforming restaurants.
  • Crossroads Capital Inc (NASDAQ: XRDC) fell 11.8 percent to $2.06 as the company reported the filing of its quarterly report on Form 10-Q.
  • Voxeljet AG (ADR) (NYSE: VJET) shares dropped 10.8 percent to $4.42. voxeljet reported a Q2 loss of EUR 0.46 per share on sales of kEUR 6,296. The company also lowered its full year 2016 revenue outlook.
  • Applied DNA Sciences Inc (NASDAQ: APDN) shares fell 9.7 percent to $2.77. Applied DNA Sciences reported a Q3 loss of $0.14 per share on revenue of $653,000.
  • Payment Data Systems, Inc. (NASDAQ: PYDS) declined 9.4 percent to $1.54. Payment Data Systems reported a Q2 loss of $0.05 per share on revenue of $2.9 million.
  • Pernix Therapeutics Holdings Inc (NASDAQ: PTX) fell 8 percent to $0.700. Pernix Therapeutics reported a Q2 loss of $0.47 per share on revenue of $36.746 million. Brean Capital downgraded Pernix Therapeutics from Buy to Hold.
  • Amedica Corporation (NASDAQ: AMDA) shares dropped 8 percent to $0.690. Amedica reported a Q2 loss of $0.40 per share on revenue of $4.02 million.
 

Related Articles (ORIG + CXRX)

View Comments and Join the Discussion!

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

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com