18 Biggest Mid-Day Losers For Friday
- Wins Finance Holdings Inc (NASDAQ: WINS) shares tumbled 43.8 percent to $80.00. Wins Finance shares have jumped 1,460.09 percent over the past 52 weeks, while the S&P 500 index has gained 4.97 percent in the same period.
- Superconductor Technologies, Inc. (NASDAQ: SCON) shares dipped 35.5 percent to $2.13. Superconductor Technologies shares have increased 4.76 percent over the past 52 weeks, while the S&P 500 index has gained 4.97 percent in the same period.
- Hongli Clean Energy Technologies Corp (NASDAQ: CETC) shares declined 31.5 percent to $4.45 after gaining 70.84 percent on Thursday.
- Gap Inc (NYSE: GPS) shares declined 14 percent to $26.40. Gap posted in-line profit for its third quarter. However, the company reported a decline in quarterly sales.
- Abercrombie & Fitch Co. (NYSE: ANF) shares dropped 13.5 percent to $14.65 after the company reported weaker-than-expected earnings for its third quarter.
- Apricus Biosciences Inc (NASDAQ: APRI) shares fell 13.4 percent to $1.75 as the company issued an update on Vitaros NDA following receipt of the FDA feedback, The company reaffirmed plans to re-submit Vitaros NDA in the U.S.
- Amtech Systems, Inc. (NASDAQ: ASYS) shares declined 13.4 percent to $4.63. Amtech reported a Q4 loss of $0.02 per share on revenue of $42.4 million. For the current quarter, Amtech projects revenue of $25 million to $27 million.
- Destination XL Group Inc (NASDAQ: DXLG) shares dropped 12.4 percent to $4.25. Destination XL posted a Q3 loss of $0.09 per share on revenue of $101.87 million. The company also lowered its FY16 outlook.
- Veritiv Corp (NYSE: VRTV) shares declined 11.9 percent to $43.60. Veritiv priced its public offering of 1,568,000 shares at price of $45.00 per share.
- Hibbett Sports, Inc. (NASDAQ: HIBB) shared declined 11.6 percent to $40.03 after the company reported weaker-than-expected earnings for its third quarter.
- TOP SHIPS Inc (NASDAQ: TOPS) dropped 10.9 percent to $3.87 after declining 28.57 percent on Thursday.
- Euroseas Ltd. (NASDAQ: ESEA) shares fell 10.6 percent to $2.46 after dropping 43.30 percent on Thursday.
- Mechel PAO (ADR) (NYSE: MTL) fell 7.5 percent to $5.80 after dropping 3.69 percent on Thursday.
- Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) shares dropped 7.2 percent to $6.36 as the company reported a proposed public offering of common stock.
- Emerge Energy Services LP (NYSE: EMES) shares dropped 7 percent to $10.17 after the company reported an offering of 2.75 million common units.
- New Media Investment Group Inc (NYSE: NEWM) shares dropped 6.6 percent to $15.64 as the company reported an offering 7.5 million shares of common stock.
- Regional Management Corp (NYSE: RM) fell 4.5 percent to $23.66. BMO Capital downgraded Regional Management from Outperform to Market Perform.
- Western Refining, Inc. (NYSE: WNR) declined 3.5 percent to $36.24. RBC Capital downgraded Western Refining from Outperform to Sector Perform.
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