Market Overview

15 Biggest Mid-Day Losers For Tuesday

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  • FXCM Inc (NASDAQ: FXCM) shares dropped 43.4 percent to $3.88. Gain Capital Holdings Inc (NYSE: GCAP) agreed to acquire the client base of FXCM's U.S. operations after FXCM reported that it will be withdrawing from U.S. business.
  • Giga-tronics, Incorporated (NASDAQ: GIGA) shares fell 18.6 percent to $0.872. Giga-tronics reported a Q3 loss of $0.06 per share on revenue of $3.2 million.
  • FlexShopper Inc (NASDAQ: FPAY) shares declined 15.8 percent to $4.38. FlexShopper shares have dropped 10.17 percent over the past 52 weeks, while the S&P 500 index has gained 23.69 percent in the same period.
  • Michael Kors Holdings Ltd (NYSE: KORS) shares dropped 12 percent to $36.32 after the company reported downbeat quarterly sales and issued a weak forecast.
  • Sabre Corp (NASDAQ: SABR) declined 11.4 percent to $22.00 after the company posted weaker-than-expected quarterly earnings.
  • Asanko Gold Inc (NYSE: AKG) dropped 10.3 percent to $3.38. Canaccord Genuity downgraded Asanko Gold from Speculative Buy to Hold.
  • USA Truck, Inc. (NASDAQ: USAK) shares slipped 10.2 percent to $7.50. USA Truck reported a Q4 loss of $0.48 per share on revenue of $103.135 million.
  • Ocean Rig UDW LLC (NASDAQ: ORIG) shares dropped 9.9 percent to $1.1178. Ocean Rig UDW shares have surged 34.78 percent over the past 52 weeks, while the S&P 500 index has gained 23.69 percent in the same period.
  • Modine Manufacturing Co. (NYSE: MOD) fell 9.7 percent to $12.15 after the company posted disappointing Q3 results.
  • Globus Maritime Ltd (NASDAQ: GLBS) shares declined 8.6 percent to $8.87 after surging 29.85 percent on Monday.
  • Pulmatrix Inc (NASDAQ: PULM) shares slipped 8.4 percent to $4.56 after surging 29.02 percent on Monday.
  • Allot Communications Ltd (NASDAQ: ALLT) shares declined 6.5 percent to $4.99. Allot Communications reported Q4 earnings of $0.03 per share on revenue of $23.487 million.
  • BP plc (ADR) (NYSE: BP) shares fell 4.3 percent to $34.28 after the company posted weak quarterly earnings.
  • Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) fell 3.7 percent to $33.08. Teva disclosed that its CEO Erez Vigodman is stepping down. The company named Dr. Yitzhak Peterburg as Interim President and Chief Executive Officer.
  • Macerich Co (NYSE: MAC) fell 2.9 percent to $67.05. Macerich reported Q4 funds from operations of $1.17 per share on revenue of $272 million.

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

 

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