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Market Overview

12 Biggest Mid-Day Losers For Monday

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  • Tidewater Inc. (NYSE: TDW) shares dropped 44.3 percent to $1.66 after it was announced the company received only limited extensions from lenders and bondholders ahead of its November 16 deadline.
  • Stone Energy Corporation (NYSE: SGY) shares fell 22.2 percent to $4.90. Stone Energy shares have dropped 88.67 percent over the past 52 weeks, while the S&P 500 index has gained 3.38 percent in the same period.
  • Inovio Pharmaceuticals Inc (NASDAQ: INO) declined 15 percent to $7.11 after the company disclosed that the FDA has requested for additional information for Phase III program for VGX-3100.
  • Boise Cascade Co (NYSE: BCC) fell 14.2 percent to $20.15. Boise Cascade posted adjusted earnings of $0.41 per share on revenue of $1.07 billion for the third quarter.
  • Supreme Industries, Inc. (NYSE: STS) shares dropped 13.2 percent to $11.87. Supreme Industries shares have surged 68.68 percent over the past 52 weeks, while the S&P 500 index has gained 3.38 percent in the same period.
  • Opus Bank (NASDAQ: OPB) shares declined 9.4 percent to $20.98. Opus Bank reported a Q3 loss of $0.09 per share.
  • Access National Corporation (NASDAQ: ANCX) fell 9.4 percent to $24.11. Access National and Middleburg Financial Corp. (NASDAQ: MBRG) agreed to combine in a strategic merger.
  • Adaptimmune Therapeutics PLC – ADR (NASDAQ: ADAP) shares dropped 8.3 percent to $4.76. Bank of America downgraded Adaptimmune Therapeutics from Neutral to Underperform.
  • Ariad Pharmaceuticals, Inc. (NASDAQ: ARIA) dropped 7.5 percent to $9.60. JP Morgan downgraded ARIAD Pharmaceuticals from Neutral to Underweight.
  • Restaurant Brands International Inc (NYSE: QSR) declined 4 percent to $45.15. Restaurant Brands reported Q3 adjusted earnings of $0.43 per share on revenue of $1.076 billion.
  • Kimberly Clark Corp (NYSE: KMB) shares fell 3.4 percent to $115.532 after the company reported downbeat results for its third quarter and lowered its full-year guidance.
  • TD Ameritrade Holding Corp. (NYSE: AMTD) shares slipped 3 percent to $35.99 after the company announced plans to acquire Scottrade Financial Services Inc for $4 billion in cash and stock.
 

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