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12 Biggest Mid-Day Losers For Monday

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  • Geron Corporation (NASDAQ: GERN) shares declined 17.1 percent to $2.37 after the company issued an update on imetelstat trials being conducted by Janssen Research & Development, LLC.
  • SigmaTron International (NASDAQ: SGMA) dropped 10.8 percent to $5.81 following Q1 results. SigmaTron reported Q1 earnings of $0.03 per share on revenue of $58.9 million.
  • DragonWave, Inc.(USA) (NASDAQ: DRWI) shares fell 9.2 percent to $2.58.
  • RetailMeNot Inc (NASDAQ: SALE) declined 8.6 percent to $10.51. Morgan Stanley downgraded RetailMeNot from Equal-weight to Underweight.
  • Amarin Corporation plc (ADR) (NASDAQ: AMRN) shares dropped 7 percent to $2.95 as the company disclosed that its REDUCE-IT cardiovascular outcomes study of Vascepa will continue as planned at recommendation of the independent data monitoring committee.
  • The Rubicon Project Inc (NYSE: RUBI) shares declined 6.9 percent to $8.21. Morgan Stanley downgraded The Rubicon Project from Equal-weight to Underweight and lowered the price target from $11.00 to $8.00.
  • Farmland Partners Inc (NYSE: FPI) slipped 5.1 percent to $10.51 as the company agreed to merge with American Farmland Co (NYSE: AFCO).
  • TrueCar Inc (NASDAQ: TRUE) shares fell 5 percent to $8.39. Morgan Stanley downgraded TrueCar from Equal-weight to Underweight.
  • Finish Line Inc (NASDAQ: FINL) dropped 2.5 percent to $22.82. Deutsche Bank downgraded Finish Line from Buy to Hold.
  • Royal Bank of Scotland Group PLC (NYSE: RBS) fell 2.2 percent to $5.30. Investec downgraded Royal Bank of Scotland from Hold to Sell.
 

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

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