Market Overview

12 Biggest Mid-Day Losers For Wednesday

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  • Atossa Genetics Inc (NASDAQ: ATOS) shares dipped 29 percent to $2.45. Atosssa Genetrics priced its 1.15 million share offering at $2.50 per share.
  • Hemispherx BioPharma, Inc (NYSE: HEB) shares dipped 18.1 percent to $1.45 after the company reported a $5 million direct offering.
  • AeroVironment, Inc. (NASDAQ: AVAV) shares dropped 17.8 percent to $24.50 as the company posted a wider-than-expected loss for its first quarter.
  • NCI Building Systems Inc (NYSE: NCS) tumbled 14.2 percent to $15.28. NCI Building Systems reported Q3 adjusted earnings of $0.33 per share on revenue of $462.4 million.
  • Magal Security Systems Ltd. (USA) (NASDAQ: MAGS) declined 12.3 percent to $4.80. Magal Security posted a Q2 loss of $0.12 per share on revenue of $13.6 million.
  • H & R Block Inc (NYSE: HRB) shares dropped 12.1 percent to $21.28 after the company reported weaker-than-expected results for its first quarter on Tuesday.
  • Rigel Pharmaceuticals, Inc. (NASDAQ: RIGL) shares declined 10.5 percent to $3.52 after surging 48.86 percent on Tuesday.
  • Intrawest Resorts Holdings Inc (NYSE: SNOW) fell 8.2 percent to $14.69. KeyBanc downgraded Intrawest Resorts from Overweight to Sector Weight.
  • Palo Alto Networks Inc (NYSE: PANW) shares declined 7.9 percent to $132.11. Palo Alto reported better-than-expected revenue for its fiscal fourth quarter, but issued a weak outlook for the current quarter. The company also announced a $500 million share repurchase plan.
  • G-III Apparel Group, Ltd. (NASDAQ: GIII) shares declined 7.7 percent to $30.58. Stifel Nicolaus downgraded G-III Apparel from Hold to Sell.
  • Under Armour Inc (NYSE: UA) shares fell 4.2 percent to $39.82. Argus Research downgraded Under Armour from Buy to Hold.
  • Hain Celestial Group Inc (NASDAQ: HAIN) shares dropped 3.8 percent to $35.70 driven by the filing of a non-timely 10K.

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

 

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