Market Overview

15 Biggest Mid-Day Losers For Tuesday

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  • Synthetic Biologics Inc (NYSE: SYN) shares tumbled 38.7 percent to $0.877 Synthetic Biologics priced 25 million shares at $1.00 per share.
  • Amplify Snack Brands Inc (NYSE: BETR) shares dropped 24.5 percent to $10.17 after the company posted downbeat quarterly earnings.
  • Eleven Biotherapeutics Inc (NASDAQ: EBIO) shares declined 15.6 percent to $2.46. On Monday, Eleven Biotherapeutics posted Q3 earnings of $0.91 per diluted share on revenue of $28.65 million.
  • Sally Beauty Holdings, Inc. (NYSE: SBH) shares dipped 15.5 percent to $24.60 on downbeat revenue for the 2016 fiscal fourth quarter.
  • Globant SA (NYSE: GLOB) shares fell 15.2 percent to $38.58. Globant posted Q3 earnings of $0.30 per share on revenue of $82.4 million. The company issued a weak earnings forecast for the current quarter. Globant also reported the acquisition of L4.
  • Sito Mobile Ltd (NASDAQ: SITO) shares dropped 13.9 percent to $4.60. SITO Mobile reported Q3 earnings of $0.03 per share on revenue of $10.3 million.
  • Stratasys, Ltd. (NASDAQ: SSYS) shares fell 13.5 percent to $17.73 after the company posted downbeat Q2 results.
  • TESARO Inc (NASDAQ: TSRO) shares dropped 11.7 percent to $131.10. TESARO reported a proposed public offering of 1.75 million shares of common stock.
  • LightPath Technologies, Inc. (NASDAQ: LPTH) shares slipped 10.5 percent to $1.53. LightPath Technologies reported Q1 net income of $140,000 on revenue of $5 million.
  • Dicks Sporting Goods Inc (NYSE: DKS) fell 8.3 percent to $55.86. Dicks Sporting posted upbeat Q3 earnings, but issued a weak earnings forecast for the current quarter.
  • Abercrombie & Fitch Co. (NYSE: ANF) shares dropped 5.8 percent to $15.72. FBR Capital downgraded Abercrombie & Fitch from Market Perform to Underperform.
  • AngioDynamics, Inc. (NASDAQ: ANGO) shares fell 5.6 percent to $16.09 after the company reported a secondary offering of 2,500,000 shares of common stock by selling stockholders.
  • Nokia Corp (ADR) (NYSE: NOK) fell 4.2 percent to $4.13. Bank of America downgraded Nokia from Buy to Neutral.
  • Chico's FAS, Inc. (NYSE: CHS) declined 3.5 percent to $14.27. KeyBanc downgraded Chico's FAS from Overweight to Sector Weight.
  • Extended Stay America Inc (NYSE: STAY) shares fell 2.6 percent to $14.86. Extended Stay America reported a secondary offering of 12.75 million shares and announced a 1.275 million share buyback plan.

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

 

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