Market Overview

12 Biggest Mid-Day Losers For Monday

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  • PTC Therapeutics, Inc. (NASDAQ: PTCT) shares dropped 32 percent to $9.02 after the company reported a regulatory update on Translarna for nonsense mutation DMD.
  • Skypeople Fruit Juice Inc (NASDAQ: SPU) shares dropped 18.9 percent to $6.21 after declining 3.04 percent on Friday.
  • Opus Bank (NYSE: OPB) dropped 18.4 percent to $28.12 after the company announced a $0.59 loan charge-offs. Opus Bank now projects a Q3 loss of $0.05 per share.
  • InspireMD Inc (NYSE: NSPR) shares fell 15 percent to $2.25 after the company reported the online publication of clinical data in a new independent study in the Journal of Endovascular Therapy.
  • Stone Energy Corporation (NYSE: SGY) shares declined 13.2 percent to $9.26. Barclays downgrades Stone Energy from Equal-Weight to Underweight
  • Corenergy Infrastructure Trust Inc (NYSE: CORR) dropped 11 percent to $25.77. RBC Capital downgraded CorEnergy Infrastructure Trust from Sector Perform to Underperform.
  • Sterling Construction Company, Inc. (NASDAQ: STRL) declined 8.9 percent to $7.64. DA Davidson downgrades Sterling Construction from Buy to Neutral
  • Pearson PLC (ADR) (NYSE: PSO) shares fell 8.2 percent to $9.27 following today's management statement that sales are down 7 percent year-over-year for the 9 months ending September 30th.
  • W&T Offshore, Inc. (NYSE: WTI) dropped 6.8 percent to $1.45. Barclays downgraded W&T Offshore from Equal-Weight to Underweight and lowered the price target from $2.00 to $1.00.
  • Waddell & Reed Financial, Inc. (NYSE: WDR) declined 3.2 percent to $16.89. Citigroup downgraded Waddell & Reed from Neutral to Sell.
  • Pandora Media Inc (NYSE: P) shares slipped 3.1 percent to $6.21. Bank of America downgraded Pandora from Neutral to Underperform.
  • Marathon Oil Corporation (NYSE: MRO) fell around 3 percent to $14.16. Barclays downgraded Marathon Oil from Overweight to Equal-Weight.

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

 

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