20 Biggest Mid-Day Losers For Friday

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  • ChannelAdvisor Corp ECOM shares fell 21.4 percent to $11.20 following Q4 results. ChannelAdvisor reported Q4 net income of $5.8 million on revenue of $31.8 million.
  • TRACON Pharmaceuticals Inc TCON shares dropped 18.2 percent to $3.97. TRACON Pharmaceuticals disclosed that the combination of TRC105 and Avastin did not improve median PFS vs. single agent Avastin in recurrent GBM patients.
  • iPass Inc. IPAS shares declined 18.1 percent to $1.31. iPass reported a Q4 loss of $0.02 per share on revenue of $16.117 million.
  • Ubiquiti Networks Inc UBNT shares tumbled 18 percent to $52.63 after reporting downbeat Q2 earnings.
  • Eagle Bulk Shipping Inc EGLE shares dipped 18 percent to $5.30 after declining 1.67 percent on Thursday.
  • Apptio Inc APTI dropped 15.1 percent to $14.47. Apptio reported a Q4 loss of $7.9 million on revenue of revenue of $44.3 million.
  • Organovo Holdings Inc ONVO declined 13.8 percent to $3.25. Organovo posted a narrower-than-expected quarterly loss, but sales missed expectations. The company also issued a weak sales forecast for the full year.
  • Applied DNA Sciences Inc APDN fell 12.5 percent to $1.58. Applied DNA Sciences posted a Q1 loss of $0.16 per share on revenue of $903,000.
  • Magnachip Semiconductor Corp MX dropped 11.7 percent to $7.20 after the company reported downbeat quarterly earnings.
  • Yelp Inc YELP shares declined 11.5 percent to $36.73. Yelp posted strong earnings for its fourth quarter, but issued a weak revenue outlook for 2017.
  • BioTime, Inc. BTX fell 9.3 percent to $2.73. BioTime proposed a public offering of common stock.
  • RadiSys Corporation RSYS declined 9.5 percent to $3.85. RadiSys posted downbeat Q4 results and issued a weak outlook.
  • Carbonite Inc CARB fell 7.8 percent to $18.70. Carbonite reported a loss of $671,000 on revenue of $53.5 million.
  • Pro-Dex Inc PDEX dropped 7.6 percent to $4.95 after the company reported Q2 results.
  • Live Ventures Inc LIVE slipped 6.1 percent to $17.24. On Thursday, Live Ventures reported Q1 earnings of $0.37 per share on revenue of $32.189 million.
  • Cyberark Software Ltd CYBR dropped 6 percent to $52.03. CyberArk reported Q4 adjusted earnings of $0.41 per share on revenue of $64.4 million.
  • Globus Maritime Ltd GLBS shares fell 5.3 percent to $6.83 after dropping 12.82 percent on Thursday.
  • Twitter Inc TWTR shares dropped 4.5 percent to $15.67. Citigroup downgraded Twitter from Neutral to Sell, while Deutsche Bank downgraded the stock from Buy to Hold.
  • Cerner Corporation CERN fell 4.1 percent to $51.70. Cerner posted in-line quarterly earnings. Oppenheimer downgraded Cerner from Outperform to Perform.
  • Cliffs Natural Resources Inc CLF shares fell 2.5 percent to $11.09. Cliffs Natural priced its upsized 55 million share offering at $10.75 per share.
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