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12 Biggest Mid-Day Losers For Thursday

  • OvaScience Inc (NASDAQ: OVAS) shares tumbled 50.4 percent to $1.47 after the company announced plans to reduce workforce by 30 percent and disclosed that its CEO Harald Stock is stepping down.
  • Aurinia Pharmaceuticals Inc (NASDAQ: AUPH) shares dipped 21.8 percent to $2.13 after the company reported a US$25.0 million bought deal financing.
  • Lpath Inc (NASDAQ: LPTN) shares fell 16.4 percent to $3.05. Lpath shares have increased 11.61 percent over the past 52 weeks, while the S&P 500 index has gained 11.09 percent in the same period.
  • Red Hat Inc (NYSE: RHT) shares dropped 12.2 percent to $70.07. Red Hat reported upbeat earnings for its third quarter, but sales missed expectations. The company also announced that its CFO Frank Calderoni is stepping down.
  • AAR Corp. (NYSE: AIR) shares declined 8.8 percent to $34.27. AAR reported Q2 earnings from continuing operations of $0.35 per share on revenue of $423.8 million.
  • Zumiez Inc. (NASDAQ: ZUMZ) fell 8.6 percent to $20.85. B. Riley downgraded Zumiez from Buy to Neutral and lowered the price target from $27.00 to $25.00.
  • Kirkland's, Inc. (NASDAQ: KIRK) dropped 8.1 percent to $15.29. B. Riley downgraded Kirkland's from Buy to Neutral.
  • GEE Group Inc (NYSE: JOB) shares slipped 8 percent to $4.10 after the company reported consolidated financial results for the fourth quarter and fiscal year. GEE Group posted net income of around $1 million on revenue of $21.8 million.
  • Delcath Systems, Inc. (NASDAQ: DCTH) shares fell 8 percent to $1.04. Delcath shares have tumbled 87.61 percent over the past 52 weeks, while the S&P 500 index has gained 11.09 percent in the same period.
  • Bed Bath & Beyond Inc. (NASDAQ: BBBY) declined 6.4 percent to $42.63 after the company reported weaker-than-expected results for its third quarter on Wednesday.
  • Fred's, Inc. (NASDAQ: FRED) dropped 5.6 percent to $19.21. Fred's shares have climbed 25.23 percent over the past 52 weeks, while the S&P 500 index has gained 11.09 percent in the same period.
  • Finish Line Inc (NASDAQ: FINL) shares fell 3.8 percent to $20.21. Bank of America downgraded Finish Line from Buy to Neutral, while Canaccord Genuity downgraded the stock from Buy to Hold.

Latest Ratings for OVAS

Aug 2016MaintainsNeutral
Jan 2016DowngradesOutperformPerform
Jan 2016Initiates Coverage onUnderperform

View More Analyst Ratings for OVAS
View the Latest Analyst Ratings

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


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