15 Biggest Mid-Day Losers For Tuesday

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  • Inotek Pharmaceuticals Corp ITEK shares tumbled 70.5 percent to $1.80 after the company disclosed that it did not achieve its primary endpoint in first Phase 3 trial of trabodenoson for glaucoma.
  • Sito Mobile Ltd SITO shares declined 26.8 percent to $2.70. SITO Mobile expects Q4 preliminary media placement revenue of $7.3 million to $7.6 million.
  • Dataram Corp DRAM dropped 15 percent to $1.87. Dataram shares have increased 1.85 percent over the past 52 weeks, while the S&P 500 index has gained 11.24 percent in the same period.
  • Endurance International Group Hldgs Inc EIGI shares fell 14.5 percent to $7.95. Goldman Sachs downgraded Endurance International from Neutral to Sell.
  • 1347 Property Insurance Holdings Inc PIH shares dropped 12.8 percent to $6.80 after the company issued an update on strategic review process and announces changes to the board. The company announced the resignation of L. Christopher Saenger from its board and named D. Kyle Cerminara to the board.
  • Ferroglobe PLC GSM shares fell 11.3 percent to $9.61. Ferroglobe shares have dropped 3.90 percent over the past 52 weeks, while the S&P 500 index has gained 11.24 percent in the same period.
  • Leju Holdings Ltd (ADR) LEJU shares tumbled 10.6 percent to $4.29. Leju shares have declined 11.93 percent over the past 52 weeks, while the S&P 500 index has gained 11.24 percent in the same period.
  • AquaVenture Holdings Ltd WAAS shares declined 9.9 percent to $22.22.
  • Protalix Biotherapeutics Inc PLX shares fell 9.2 percent to $0.404 after reporting results from Phase II clinical trial of alidornase alfa.
  • Cesca Therapeutics Inc KOOL shares dropped 6.7 percent to $3.22 after dropping 7.75 percent on Friday. Cesca will be presenting at the 9th Annual Biotech Showcase, on January 9-11, 2017.
  • Greenbrier Companies Inc GBX declined 5.3 percent to $39.35. Longbow Research downgraded Greenbrier from Neutral to Underperform.
  • China Online Education Group - ADR COE shares fell 5 percent to $14.82 after rising 19.62 percent on Friday.
  • Fox Factory Holding Corp FOXF declined 4.7 percent to $26.45. SunTrust Robinson Humphrey downgraded Fox Factory from Buy to Hold.
  • DSW Inc. DSW dropped 4.6 percent to $21.61. Jefferies downgraded DSW from Buy to Hold.
  • Herman Miller, Inc. MLHR shares fell 4.1 percent to $32.80. Raymond James downgraded Herman Miller from Market Perform to Underperform.
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