10 Biggest Mid-Day Losers For Monday - Align Tech (NASDAQ:ALGN)

Great Basin Scientific Inc GBSN shares tumbled 29.3 percent to $1.62. Great Basin Scientific shares have dropped 99.98 percent over the past 52 weeks, while the S&P 500 index has increased 9.12 percent in the same period.
Real Goods Solar, Inc. RGSE dropped 27.8 percent to $2.75 after the company disclosed that all of its Series A 12.5% Mandatorily Convertible Preferred Stock has been converted into shares of Class A common stock.
LSC Communications, Inc. LKSD fell 19.3 percent to $30.20.
Shineco Inc TYHT shares declined 14.2 percent to $9.60. On Wednesday, Shineco priced IPO at $4.50 per share.
TASER International, Inc. TASR shares dropped 13 percent to $24.90. TASER’s competitor, Vievue, has won the coveted NYPD camera contract worth $6 million. Ladenburg Thalmann downgraded the rating on Taser from Buy to Neutral.
KBR, Inc. KBR shares fell 12 percent to $13.31. KBR shares have declined 17.82 percent over the past 52 weeks, while the S&P 500 index has gained 9.12 percent in the same period.
Ryerson Holding Corp RYI shares declined 10 percent to $10.16 after the company issued Q3 guidance on Friday. Ryerson projected Q3 net income of $8 million to $12 million and revenue to be flat versus the second quarter.
Merrimack Pharmaceuticals Inc MACK shares dropped 4.9 percent to $6.04. Merrimack announced plans to reduce workforce by 22 percent and announced the resignation of Chief Executive Officer Robert Mulroy. The company named Gary Crocker as interim CEO.
Rowan Companies PLC RDC fell 3.7 percent to $14.60. Societe Generale downgraded Rowan from Hold to Sell.
Align Technology, Inc. ALGN shares declined 3 percent to $91.02. Baird downgraded Align Technology from Overweight to Neutral.

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