Market Overview

18 Biggest Mid-Day Losers For Wednesday

  • Argos Therapeutics Inc (NASDAQ: ARGS) shares dipped 67.3 percent to $1.44 after the company disclosed that an independent data monitoring committee has recommended discontinuation of ADAPT Phase 3 trial of rocapuldencel-T in metastatic renal cell carcinoma.
  • Servicesource International Inc (NASDAQ: SREV) shares tumbled 31.9 percent to $4.12 after the company posted downbeat Q4 results and issued a weak revenue forecast.
  • HTG Molecular Diagnostics Inc (NASDAQ: HTGM) shares declined 23.6 percent to $1.37. HTG Molecular Diagnostics shares have dropped 37.85 percent over the past 52 weeks, while the S&P 500 index has gained 21.58 percent in the same period.
  • Eyegate Pharmaceuticals Inc (NASDAQ: EYEG) shares dropped 19.7 percent to $2.97. EyeGate filed a $3.285 million at-the-market offering.
  • Entellus Medical Inc (NASDAQ: ENTL) shares fell 18.6 percent to $13.90 after the company posted a wider-than-expected quarterly loss.
  • Parker Drilling Company (NYSE: PKD) shares dropped 16 percent to $1.98. Parker Drilling Company reported a 12 million share offering.
  • DryShips Inc. (NASDAQ: DRYS) fell 15 percent to $2.79. DryShips shares have tumbled 99.75 percent over the past 52 weeks, while the S&P 500 index has gained 21.58 percent in the same period.
  • Texas Roadhouse Inc (NASDAQ: TXRH) shares declined 13.3 percent to $41.46 after the company posted weaker-than-expected Q4 results.
  • Nautilus, Inc. (NYSE: NLS) shares fell 13 percent to $15.45 after the company posted weak Q4 results.
  • Silver Spring Networks Inc (NYSE: SSNI) shares slipped 12.4 percent to $12.30. Silver Spring Networks reported a Q4 loss of $14 million. Wunderlich downgraded Silver Spring Networks from Buy to Hold.
  • Global Blood Therapeutics Inc (NASDAQ: GBT) fell 9.3 percent to $25.85 as the company reported a proposed public offering of $75 million in common stock.
  • Papa John's Int'l, Inc. (NASDAQ: PZZA) dropped 7.1 percent to $79.54. Papa John's posted upbeat earnings for its fourth quarter, but revenue missed expectations.
  • First Solar, Inc. (NASDAQ: FSLR) tumbled 6.7 percent to $34.17. First Solar reported better-than-expected results for its fourth quarter and raised its FY17 revenue forecast. Credit Suisse downgraded First Solar from Neutral to Underperform.
  • Canadian Solar Inc. (NASDAQ: CSIQ) fell 6.3 percent to $14.39. JP Morgan downgraded Canadian Solar from Overweight to Neutral.
  • AngloGold Ashanti Limited (ADR) (NYSE: AU) shares slipped 6.2 percent to $11.77. Citigroup downgraded AngloGold Ashanti from Neutral to Sell.
  • Tesoro Logistics LP (NYSE: TLLP) shares declined 6.1 percent to $55.69. Tesoro Logistics priced its 5 million common unit offering for gross proceeds of $284 million.
  • Seadrill Ltd (NYSE: SDRL) shares fell 6.1 percent to $2.02 after gaining 10.82 percent on Tuesday.
  • Criteo SA (ADR) (NASDAQ: CRTO) fell 3.6 percent to $44.30. Criteo reported Q4 adjusted earnings of $0.84 per share on revenue of $225 million. The company also issued disappointing revenue forecast for the current quarter.

Latest Ratings for ARGS

Feb 2017DowngradesBuyHold
Apr 2016MaintainsBuy
Apr 2016MaintainsBuy

View More Analyst Ratings for ARGS
View the Latest Analyst Ratings

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


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MJP MorganMaintains13.0
IPARDA DavidsonMaintains76.0
TGTMorgan StanleyMaintains130.0
VCMorgan StanleyMaintains52.0
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