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Market Overview

15 Biggest Mid-Day Losers For Friday

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  • COPsync Inc (NASDAQ: COYN) shares tumbled 39.4 percent to $0.624 after the company reported a $1.15 million registered direct offering.
  • Ruby Tuesday, Inc. (NYSE: RT) shares dropped 21.5 percent to $2.77 after the company posted a wider quarterly loss. Ruby Tuesday reported Q2 adjusted loss of $0.18 per share on revenue of $214.7 million.
  • Stein Mart, Inc. (NASDAQ: SMRT) shares declined 14.5 percent to $4.50. Stein Mart reported a 4.8 percent drop in its comparable store sales for the nine-week period ended December 31, 2016.
  • Turtle Beach Corp (NASDAQ: HEAR) shares fell 12.3 percent to $1.50.
  • Dataram Corp (NASDAQ: DRAM) dropped 12 percent to $1.46. Dataram shares have dropped 20.95 percent over the past 52 weeks, while the S&P 500 index has gained 14.01 percent in the same period.
  • ICU Medical, Incorporated (NASDAQ: ICUI) shares fell 11.8 percent to $130.00 after the company issued an update on Hospira Infusion Systems transaction. The company expects the deal to close in February 2017.
  • Avinger Inc (NASDAQ: AVGR) dropped 8 percent to $3.59 after the company reported preliminary Q4 results.
  • Regeneron Pharmaceuticals Inc (NASDAQ: REGN) fell 7.1 percent to $354.00. Amgen won a court ruling for a ban on Regeneron’s sales of Praluent cholestrol drug.
  • Orexigen Therapeutics, Inc. (NASDAQ: OREX) fell 6.9 percent to $3.52 after climbing 11.18 percent on Thursday.
  • Mercer International Inc. (NASDAQ: MERC) declined 6 percent to $10.77. RBC Capital downgraded Mercer from Outperform to Sector Perform
  • Pandora Media Inc (NYSE: P) shares fell 5.1 percent to $12.35.
  • AZZ Inc (NYSE: AZZ) shares fell 5 percent to $61.40 after the company announced weak Q3 results.
  • G-III Apparel Group, Ltd. (NASDAQ: GIII) shares fell 3 percent to $27.80 after the company lowered its guidance for FY17.
  • GoPro Inc (NASDAQ: GPRO) shares fell around 3 percent to $9.07. Longbow Research downgraded GoPro from Neutral to Underperform.
  • Wendys Co (NASDAQ: WEN) declined 2.6 percent to $13.28. Longbow Research downgraded Wendys from Buy to Neutral.
 

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

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