Market Overview

18 Biggest Mid-Day Losers For Wednesday

  • Sigma Designs Inc (NASDAQ: SIGM) shares dropped 30.7 percent to $5.38. Sigma Designs reported fiscal third-quarter net income of $221,000 on revenue of $62.7 million.
  • OHA Investment Corp (NASDAQ: OHAI) shares fell 20.8 percent to $2.08 after the company reported Form 8-K filing.
  • Powell Industries, Inc. (NASDAQ: POWL) dropped 14.5 percent to $39.90. Powell Industries reported Q4 adjusted earnings of $0.54 per share on sales of $129.8 million.
  • Pioneer Energy Services Corp (NYSE: PES) declined 11.6 percent to $5.93. Pioneer Energy priced its upsized 10.5 million share offering at $5.75 per share.
  • Blueprint Medicines Corp (NASDAQ: BPMC) dropped 11.3 percent to $25.22 after the company reported a proposed $125 million public offering of shares of common stock.
  • Oxford Industries Inc (NYSE: OXM) fell 10.3 percent to $64.31. Oxford Industries reported a narrower-than-expected loss for its third quarter. The company projects full-year earnings of $3.50 to $3.65 per share, and revenue of $1.02 billion to $1.03 billion.
  • AeroVironment, Inc. (NASDAQ: AVAV) shares slipped 10 percent to $26.42 after the company reported weaker-than-expected results for its fiscal second quarter.
  • Applied DNA Sciences Inc (NASDAQ: APDN) shares tumbled 10 percent to $2.03. Applied DNA Sciences reported a Q4 loss of $2.4 million on revenue of $1.6 million.
  • Analogic Corporation (NASDAQ: ALOG) dropped 8.8 percent to $82.40 after the company posted downbeat Q1 earnings.
  • Ladder Capital Corp (NYSE: LADR) shares fell 8.7 percent to $13.94 after the company reported a 10 million share offering via selling holders.
  • bluebird bio Inc (NASDAQ: BLUE) declined 8.7 percent to $72.10. bluebird bio priced its 3.289 million share offering at $76 per share.
  • Xencor Inc (NASDAQ: XNCR) shares dropped 8 percent to $26.13 after climbing 7.54 percent on Tuesday.
  • Neovasc Inc (US) (NASDAQ: NVCN) shares declined 7.9 percent to $2.23 after climbing 70.42 percent on Tuesday.
  • Bill Barrett Corporation (NYSE: BBG) shares fell 7.6 percent to $7.40. Bill Barrett priced its 13.5 million share offering for gross proceeds of $99.9 million
  • Viking Therapeutics In (NASDAQ: VKTX) fell 6.6 percent to $1.13 after the company disclosed that it has received Orphan Drug Designation for VK0214 from the U.SFDA for the treatment of X-linked adrenoleukodystrophy.
  • ENSCO PLC (NYSE: ESV) fell 6.6 percent to $9.89 after the company reported the pricing of an upsized private placement of $750 million aggregate principal amount of 3.00% Exchangeable Senior Notes due 2024.
  • Vera Bradley, Inc. (NASDAQ: VRA) shares declined 5.8 percent to $13.81. Vera Bradley reported downbeat Q3 results ad issued a weak outlook for the current quarter.
  • Illumina, Inc. (NASDAQ: ILMN) shares fell 4 percent to $121.30. Illumina named Sam A. Samad as its Chief Financial Officer.

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