12 Biggest Mid-Day Losers For Friday - Power Solutions Intl (OTC:PSIX)

Bonanza Creek Energy Inc BCEI shares tumbled 57.7 percent to $0.830 after the company reported that it has entered into a restructuring support agreement with bondholders holding more than $400 million in unsecured debt. The company also disclosed that it will commence its prepackaged bankruptcy case on or before January 5, 2017.
CEL-SCI Corporation CVM shares fell 18 percent to $0.0729 after the company disclosed that the FDA has issued an incomplete response to hold letter. CEL-SCI said that the FDA has identified 4 deficiencies related to clinical hold letter and the company is reviewing all options in response to the FDA's incomplete response to hold letter.
Strongbridge Biopharma plc SBBP shares dropped 16.7 percent to $3.00. Strongbridge reported a Q2 loss of $0.36 per share and announced the acquisition of U.S. rights to KEVEYIS from Taro Pharmaceutical Industries. The company also announced a $35 million equity financing.
Tokai Pharmaceuticals Inc TKAI shares dipped 12.4 percent to $1.06. On Thursday, Tokai Pharmaceuticals and Otic Pharma disclosed that they have entered into a share purchase agreement.
Opexa Therapeutics Inc OPXA dropped 11.8 percent to $0.970. Opexa Therapeutics shares have dropped 64.63 percent over the past 52 weeks, while the S&P 500 index has gained 9.53 percent in the same period.
GulfMark Offshore, Inc. GLF declined 11.5 percent to $1.73. GulfMark Offshore shares have tumbled 65.43 percent over the past 52 weeks, while the S&P 500 index has gained 9.53 percent in the same period.
TerraVia Holdings, Inc. TVIA shares fell 10.9 percent to $1.02.
PAVmed Inc. PAVM shares declined 9.7 percent to $7.00.
Power Solutions International Inc PSIX shares dropped 9 percent to $9.91 after rising 6.77 percent on Thursday.
GNC Holdings Inc GNC declined 7.1 percent to $11.28. Piper Jaffray lowered price target on GNC Holdings from $11 to $7.
NTN Buzztime Inc NTN dropped 5.3 percent to $8.36. NTN Buzztime has filed for a mixed shelf offering of up to $25 million.
Cintas Corporation CTAS shares fell 3.9 percent to $115.44. Cintas reported weak earnings for its second quarter. However, the company raised its forecast for fiscal 2017.

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