Market Overview

12 Biggest Mid-Day Losers For Thursday

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  • Genesco Inc. (NYSE: GCO) shares tumbled 30 percent to $50.79. Genesco posted upbeat Q2 earnings, but sales missed expectations. The company also lowered its FY guidance.
  • Vectrus Inc (NYSE: VEC) shares dipped 20.3 percent to $26.90 as the company disclosed that it has lost the Army contract for logistics in Kuwait and Qatar. The company also reported that its does not impact its guidance.
  • Digital Turbine Inc (NASDAQ: APPS) shares fell 10.4 percent to $1.25. Digital Turbine named Barrett Garrison as CFO.
  • Cytokinetics, Inc. (NASDAQ: CYTK) shares declined 9.4 percent to $10.93. Cytokinetics and Amgen reported the advancement of omecamtiv mecarbil to Phase 3 clinical development.
  • Diamond Offshore Drilling Inc (NYSE: DO) shares fell 8.7 percent to $16.86 as the company reported that it has received a notice of termination from Petrobras of its drilling contract on the Ocean Valor.
  • Xcerra Corp (NASDAQ: XCRA) dropped 7.5 percent to $5.42. Xcerra posted better-than-expected Q4 earnings, but sales missed estimates. The company also issued a weak forecast for the current quarter.
  • Skypeople Fruit Juice Inc (NASDAQ: SPU) shares declined 6.5 percent to $11.78 after surging 51.44 percent on Wednesday.
  • salesforce.com, inc. (NYSE: CRM) slipped 6.3 percent to $74.46. salesforce.com reported better-than-expected earnings for its second quarter, but issued a weak forecast for the current quarter.
  • Campbell Soup Company (NYSE: CPB) shares dropped 5.4 percent to $57.43 after the company posted downbeat Q4 earnings.
  • Cato Corp (NYSE: CATO) fell 5.3 percent to $32.46. Cato reported an 8 percent drop in its August same-store sales. Total sales for August declined 7 percent to $62 million.
  • Costco Wholesale Corporation (NASDAQ: COST) shares declined 3.5 percent to $156.48 after the company reported lower than expected sales for the fourth quarter.
  • Five Below Inc (NASDAQ: FIVE) shares declined 3.1 percent to $43.20. Five Below posted upbeat results for the second quarter. However, the company issued a disappointing guidance for the third quarter.
 

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