Market Overview

15 Biggest Mid-Day Losers For Thursday

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  • Fluidigm Corporation (NASDAQ: FLDM) shares dropped 26.2 percent to $5.20 after the company reported weak preliminary revenue for the third quarter.
  • Flex Pharma Inc (NASDAQ: FLKS) declined 21 percent to $8.85 after the company disclosed that it has initiated a Phase 2 efficacy study in amyotrophic lateral sclerosis patients.
  • Aptose Biosciences Inc (NASDAQ: APTO) shares fell 19.7 percent to $2.23 after the company issued an update on the FDA clinical hold of APTO-253.
  • TG Therapeutics Inc (NASDAQ: TGTX) shares tumbled 15.2 percent to $7.00 after the company disclosed that it has filed with the FDA an amended protocol for the GENUINE Phase 3 clinical trial.
  • Covenant Transportation Group, Inc. (NASDAQ: CVTI) shares fell 13.7 percent to $15.30 after the company issued a weak earnings forecast for the third quarter. Covenant Transportation plans to release Q3 earnings on October 19, 2016.
  • VOXX International Corp (NASDAQ: VOXX) shares declined 9.2 percent to $3.45 after surging 49.02 percent on Wednesday.
  • Marriott Vacations Worldwide Corp (NYSE: VAC) shares slipped 9 percent to $62.69. Marriott Vacation reported Q3 adjusted earnings of $0.96 per share and narrowed its FY16 outlook.
  • Neptune Technologies & Bioressources (NASDAQ: NEPT) shares fell 6.2 percent to $1.36. Neptune reported a Q2 net loss of $2.4 million on revenue of $11.6 million.
  • Mercadolibre Inc (NASDAQ: MELI) shares declined 6.1 percent to $171.96 after the company reported a proposed following-on offering for 5.5 million shares by selling holders.
  • Deckers Outdoor Corp (NYSE: DECK) shares dropped 6.1 percent to $57.29. Susquehanna downgraded Deckers Outdoor from Neutral to Negative.
  • Babcock & Wilcox Enterprises Inc (NYSE: BW) declined 4.6 percent to $15.54. Credit Suisse downgraded Babcock & Wilcox from Neutral to Underperform.
  • Applied Optoelectronics Inc (NASDAQ: AAOI) shares fell 4.2 percent to $20.53. Applied Optoelectronics is scheduled to announce Q3 financial results on November 3, 2016.
  • Banc of California Inc (NYSE: BANC) declined 3.7 percent to $16.80. Banc of California is projected to release Q3 financial results on October 20, 2016.
  • Waste Management, Inc. (NYSE: WM) dropped 2.4 percent to $61.31. Wedbush downgraded Waste Management from Outperform to Neutral.
  • Laredo Petroleum Inc (NYSE: LPI) slipped 2.3 percent to $12.74. Credit Suisse downgraded Laredo Petroleum from Neutral to Underperform.

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

 

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