18 Biggest Mid-Day Losers For Thursday

by Lisa Levin, Benzinga Editor
August 25, 2016 1:15 PM | 3 min read |

 

  • Dollar General Corp. DG shares dropped 13.6 percent to $79.27 as the company posted weak quarterly results.
  • xG Technology Inc XGTI shares dropped 13.5 percent to $0.484 as the company reported that it has filed 833,336 shares common stock shelf for shareholders.
  • Signet Jewelers Ltd. SIG declined 13.2 percent to $82.85 after the company posted worse than expected results for the second quarter.
  • Navios Maritime Holdings Inc. NM shares dropped 9.8 percent to $0.920. Navios Maritime reported a Q2 loss of $0.29 per share on revenue of $105.733 million.
  • Destination XL Group Inc DXLG shares fell 9.2 percent to $4.91. Destination XL Group reported Q2 net income of $199,000 on revenue of $117.87 million.
  • Dollar Tree, Inc. DLTR shares declined 8.8 percent to $86.57 as the company reported downbeat quarterly results.
  • St. Jude Medical, Inc. STJ shares declined 8.4 percent to $75.04 following Muddy Waters short report.
  • Galectin Therapeutics Inc GALT fell 8.3 percent to $1.78 as the company reported disappointing results from 12-week extension of Phase 2a psoriasis clinical trial.
  • Standex Int'l Corp. SXI fell 8 percent to $84.59 as the company posted downbeat Q4 results.
  • Navigator Holdings Ltd NVGS shares declined 7.8 percent to $7.59. Morgan Stanley downgraded Navigator Holdings from Equal-weight to Underweight and lowered the price target from $14.50 to $7.
  • Tech Data Corp TECD fell 6.7 percent to $74.93 as the company posted downbeat Q2 results and issued a weak Q3 forecast.
  • Euronav NV EURN dropped 6.4 percent to $8.70 as the company reported half-year results. Morgan Stanley downgraded Euronav to Equal-weight.
  • PCM Inc PCMI fell 6.2 percent to $18.02. Roth Capital downgraded PCM from Buy to Neutral.
  • Franks International NV FI declined 6 percent to $11.64. UBS downgraded Franks International from Neutral to Sell and lowered the price target from $16 to $7.50.
  • Resolute Energy Corp REN shares dropped 5.8 percent to $16.83 after the company reported the retirement of its CEO Nicholas J. Sutton.
  • Movado Group, Inc MOV shares fell 5.2 percent to $22.64 after the company reported downbeat results for its second quarter and issued a weak outlook for the full year.
  • Sears Holdings Corp SHLD shares slipped 3.8 percent to $14.14. Sears posted a Q2 loss of $2.03 per share on revenue of $5.66 billion. The company also reported that it has accepted $300 million of debt financing from ESL Investments.
  • Edap Tms SA (ADR) EDAP shares declined 3.6 percent to $2.98. EDAP posted Q2 earnings of EUR 0.08 per share on revenue of EUR 8.2 million.
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