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20 Biggest Mid-Day Losers For Friday

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  • Novan Inc (NASDAQ: NOVN) shares tumbled 76.4 percent to $4.41 after the company reported top-line results from SB204 Phase 3 pivotal trials.
  • Athersys, Inc. (NASDAQ: ATHX) shares dipped 28.6 percent to $1.09. Athersys reported the pricing of its public offering of 19.8 million common stock at $1.01 per share.
  • Real Goods Solar, Inc. (NASDAQ: RGSE) shares dropped 20.7 percent to $2.95. On Thursday, RGS Energy reported a public offering of common stock and warrants.
  • DryShips Inc. (NASDAQ: DRYS) declined 20.5 percent to $2.37. DryShips shares have dropped 99.82 percent over the past 52 weeks, while the S&P 500 index has gained 21.97 percent in the same period.
  • KEYW Holding Corp. (NASDAQ: KEYW) shares fell 17.2 percent to $10.01. KeyW priced 8.5 million shares at $10.50 per share.
  • Enbridge Energy Partners, L.P. (NYSE: EEP) shares declined 15.2 percent to $21.95. Enbridge Energy Company agreed to acquire Midcoast Energy Partners (NYSE: MEP) for $8.00 per Common unit. Enbridge Energy Partners declared a quarterly cash distribution of $0.583 per unit and issued a strategic review update.
  • Koss Corporation (NASDAQ: KOSS) shares dropped 14.6 percent to $2.22. Koss reported Q2 earnings of $0.02 per share on revenue of $6.69 million.
  • Workhorse Group Inc (NASDAQ: WKHS) shares tumbled 13 percent to $3.02. Workhorse Group proposed a common stock offering.
  • SandRidge Permian Trust (NYSE: PER) shares fell 12.7 percent to $3.45. SandRidge Permian Trust reported a quarterly distribution of $0.120 per unit.
  • Oppenheimer Holdings Inc. (USA) (NYSE: OPY) dropped 9.6 percent to $16.95. Oppenheimer reported a Q4 loss of $0.13 per share on revenue of $218.94 million.
  • Avinger Inc (NASDAQ: AVGR) shares fell 8.8 percent to $2.83 after surging 34.78 percent on Thursday.
  • 8Point3 Energy Partners LP (NASDAQ: CAFD) shares declined 7.5 percent to $13.79. 8point3 Energy reported Q4 net income of $4.2 million on revenue of $14.5 million. The company also issued a weak sales forecast.
  • Air Products & Chemicals, Inc. (NYSE: APD) shares declined 7.3 percent to $138.00 after the company posted weak Q1 results and lowered its fiscal 2017 guidance.
  • Golden Ocean Group Ltd (NASDAQ: GOGL) shares fell 6.7 percent to $5.50 after dropping 2.00 percent on Thursday.
  • Colgate-Palmolive Company (NYSE: CL) shares dropped 6.5 percent to $63.84 after the company reported downbeat Q4 revenue.
  • Juniper Networks, Inc. (NYSE: JNPR) shares fell 5.1 percent to $26.32. Juniper posted upbeat Q4 results, but issued a weak forecast for the current quarter.
  • JetBlue Airways Corporation (NASDAQ: JBLU) dropped 4.7 percent to $20.10. Argus Research downgraded JetBlue from Buy to Hold.
  • Starbucks Corporation (NASDAQ: SBUX) fell 4 percent to $56.15. Starbucks reported in-line earnings for its first quarter, but sales missed estimates.
  • Paypal Holdings Inc (NASDAQ: PYPL) shares dropped 3.4 percent to $40.09. Paypal posted in-line earnings for its fourth quarter and issued a downbeat guidance.
  • International Speedway Corp (NASDAQ: ISCA) declined 3.2 percent to $36.35. Jefferies downgraded Weatherford from Buy to Hold.

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

 

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