15 Biggest Mid-Day Losers For Tuesday

by Lisa Levin, Benzinga Editor
January 10, 2017 1:24 PM | 2 min read |
  • hhgregg, Inc. HGG shares dipped 44.3 percent to $0.730. hhgregg reported preliminary Q3 revenue of $453 million.
  • NanoString Technologies Inc NSTG declined 20.7 percent to $18.24 after the company issued weak revenue forecast for FY2016.
  • Egalet Corp EGLT shares tumbled 18.1 percent to $6.85 after gaining 6.08 percent on Monday.
  • Akers Biosciences Inc AKER dropped 16.1 percent to $1.30. Akers Biosciences reported the pricing of public offering of 1,667,000 shares and 833,500 warrants.
  • Viking Therapeutics Inc VKTX shares fell 14.2 percent to $1.45.
  • Vince Holding Corp VNCE shares declined 14 percent to $3.70. Vince Holding projects full-year sales and EPS to come in at or below the low end of the its earlier issued outlook.
  • Abaxis Inc ABAX shares fell 11 percent to $48.98 as the company issued a weak sales forecast for the third quarter.
  • Ascena Retail Group Inc ASNA shares dropped 10.4 percent to $5.39 as the company issued a weak earnings forecast for second quarter and FY 2017.
  • Kona Grill Inc KONA fell 10 percent to $10.57. Kona Grill’s Q4 restaurant sales rose 14.5 percent to $43.6 million, while same-store sales dropped 4.1 percent.
  • Williams Companies Inc WMB shares declined 9.6 percent to $28.88. Williams priced its 65 million share offering at $29.00 per share.
  • Halozyme Therapeutics, Inc. HALO dropped 9.4 percent to $12.91 after the company issued a weak FY17 sales forecast.
  • Reata Pharmaceuticals Inc RETA shares fell 9.4 percent to $22.97.
  • Boot Barn Holdings Inc BOOT shares declined 5.4 percent to $11.49 after the company issued a weak outlook for the third quarter.
  • Atwood Oceanics, Inc. ATW shares fell 3.5 percent to $12.52. Atwood Oceanics reported a public offering of 13,500,000 shares of common stock.
  • City Office REIT Inc CIO shares fell 3.1 percent to $12.53. City Office REIT announced public offering of 4 million shares of common stock.
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