15 Biggest Mid-Day Losers For Wednesday - CommVault Systems (NASDAQ:CVLT)

Meridian Bioscience, Inc. VIVO shares tumbled 24.2 percent to $12.48 after the company reported weak Q1 results and lowered its FY17 guidance. The company also reduced its quarterly dividend to $0.125 per share.
Horizon Global Corp HZN shares dropped 14.2 percent to $17.91. Horizon Global reported proposed offerings of common stock and convertible senior notes and announced preliminary unaudited 2016 financial results.
Amtech Systems, Inc. ASYS shares dipped 11.2 percent to $5.18. Amtech shares have surged 11.05 percent over the past 52 weeks, while the S&P 500 index has gained 21.47 percent in the same period.
CommVault Systems, Inc. CVLT declined 10.4 percent to $50.90. Commvault reported Q3 adjusted earnings of $0.28 per share on revenue of $165.8 million.
Globus Maritime Ltd GLBS shares fell 10.4 percent to $8.50. Globus Maritime shares have climbed 9,390.00 percent over the past 52 weeks, while the S&P 500 index has gained 21.47 percent in the same period.
Textron Inc. TXT dropped 10 percent to $44.50 after the company reported downbeat results for its fourth quarter and announced plans to acquire Arctic Cat Inc ACAT in a $247 million all-cash deal.
Marine Products Corp. MPX shares slipped 9.3 percent to $12.14. Marine Products posted Q4 earnings of $0.10 per share on revenue of $57.2 million.
Northern Dynasty Minerals Ltd NAK shares fell 7.8 percent to $3.06 after rising 12.16 percent on Tuesday.
NEWTEK Business Services Corp NEWT shares declined 6 percent to $15.27 after the company reported a 1.5 million share common stock offering.
AK Steel Holding Corporation AKS dropped 5.6 percent to $8.19. JP Morgan downgraded AK Steel from Overweight to Neutral.
Michaels Companies Inc MIK shares declined 5.5 percent to $20.58. Michaels Companies reported a secondary offering of 18 million shares by selling shareholders, of which the company intends to buyback 8 million shares of stock. The company also issued a weak earnings forecast for the fourth quarter.
Unifi, Inc. UFI dropped 5.2 percent to $29.71. Unifi reported Q2 adjusted earnings of $0.34 per share on revenue of $155.2 million.
Brinker International, Inc. EAT fell 4.8 percent to $44.90 after the company posted weaker-than-expected earnings for its second quarter.
Freeport-McMoRan Inc FCX shares declined 4.5 percent to $16.26 on weaker-than-expected Q4 earnings.
Sharps Compliance Corp. SMED dropped 3.4 percent to $4.29 after the company posted downbeat Q2 results.

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