Market Overview

15 Biggest Mid-Day Losers For Thursday

  • Pacific Biosciences of California (NASDAQ: PACB) shares tumbled 40.4 percent to $4.11 after the company reported the termination of agreement with Roche Diagnostics around the company company's Single Molecule, Real-Time technology.
  • Ocean Rig UDW Inc. (NASDAQ: ORIG) shares dipped 21.2 percent to $1.78 as the company reported weaker-than-expected earnings for its third quarter on Wednesday.
  • Amicus Therapeutics, Inc. (NASDAQ: FOLD) declined 12.7 percent to $5.11 after the company reported a proposed offering of convertible senior notes due 2023.
  • Merus Labs International Inc (USA) (NASDAQ: MSLI) shares declined 11.9 percent to $0.740. On Wednesday, Merus Labs posted Q4 adjusted EBITDA of $11.6 million and gross basis revenue of $34.3 million. CIBC downgraded Merus Labs from Outperform to Neutral.
  • First Majestic Silver Corp (NYSE: AG) shares fell 10.9 percent to $7.30. Silver futures dropped 6.7 percent to trade at $16.08 an ounce.
  • Gulfport Energy Corporation (NASDAQ: GPOR) dropped 10.8 percent to $23.97. Gulfport launched a 29 million offering of common stock.
  • Avino Silver and Gold Mines Ltd (NYSE: ASM) shares slipped 10.4 percent to $1.21.
  • Yamana Gold Inc. (USA) (NYSE: AUY) shares declined 10.3 percent to $2.52. Gold futures slipped 3 percent to trade at $1,128.80 an ounce.
  • IAMGOLD Corp (USA) (NYSE: IAG) shares fell 9.3 percent to $3.23 after declining 9.64 percent on Wednesday. Gold futures slipped 3 percent to trade at $1,128.80 an ounce.
  • MAG Silver Corp (USA) (NYSE: MAG) shares declined 9.3 percent to $10.31.
  • Coeur Mining Inc (NYSE: CDE) shares fell 8 percent to $9.06 after dropping 4.65 percent on Wednesday.
  • Valeant Pharmaceuticals Intl Inc (NYSE: VRX) shares fell 7 percent to $13.13. Morgan Stanley downgraded Valeant from Overweight to Equal-Weight and lowered the price target from $25.00 to $17.00.
  • AngloGold Ashanti Limited (ADR) (NYSE: AU) shares declined 6.7 percent to $9.41 after dropping 6.75 percent on Wednesday.
  • Simmons First National Corporation (NASDAQ: SFNC) dropped 6 percent to $60.90shares gained 18.7 percent to $28.25. Simmons First National announced plans to acquire Southwest Bancorp, Inc. (NASDAQ: OKSB) in a deal valued at around $564.4 million.
  • Stone Energy Corporation (NYSE: SGY) shares fell 3.3 percent to $5.94 after the company disclosed that it has files for court approval of restructuring plan. The company has filed for Chapter 11 Bankruptcy.

Latest Ratings for PACB

Nov 2020Morgan StanleyMaintainsEqual-Weight
Nov 2020Piper SandlerDowngradesOverweightNeutral
Oct 2020JP MorganUpgradesNeutralOverweight

View More Analyst Ratings for PACB
View the Latest Analyst Ratings


Related Articles (PACB + ORIG)

View Comments and Join the Discussion!

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

Latest Ratings

EYPTCantor FitzgeraldInitiates Coverage On22.0
TXNDeutsche BankMaintains170.0
BYDDeutsche BankMaintains56.0
MELIDeutsche BankMaintains2,200.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at