Market Overview

22 Biggest Mid-Day Losers For Thursday

Share:
  • Ocean Rig UDW Inc. (NASDAQ: ORIG) shares dipped 25.6 percent to $0.803 Ocean Rig UDW reported a Q4 loss of $3.71 billion on revenue of $355.4 million.
  • Cyclacel Pharmaceuticals Inc (NASDAQ: CYCC) shares fell 22.6 percent to $4.19. Cyclacel reported that its Phase 3 SEAMLESS study did not meet primary endpoint.
  • DryShips Inc. (NASDAQ: DRYS) shares dropped 19.3 percent to $2.18. DryShips shares have dropped 99.80 percent over the past 52 weeks, while the S&P 500 index has gained 22.98 percent in the same period.
  • Atlantic Alliance Partnership Corp (NASDAQ: AAPC) shares declined 17.7 percent to $11.92. Atlantic Alliance Partnership shares have surged 41.64 percent over the past 52 weeks, while the S&P 500 index has gained 22.98 percent in the same period.
  • Ocwen Financial Corp (NYSE: OCN) dropped 17.6 percent to $ 4.45. Ocwen Financial reported a Q4 loss of $0.08 per share on revenue of $323.9 million.
  • L Brands Inc (NYSE: LB) dipped 16.9 percent to $48.33. L Brands reported upbeat earnings for its fourth quarter, but issued disappointing outlook for 2017.
  • InterDigital, Inc. (NASDAQ: IDCC) shares declined 16 percent to $85.00 after the company issued a weak forecast for the current quarter.
  • ARRIS International plc (NASDAQ: ARRS) dropped 15 percent to $26.10. ARRIS issued a weak forecast for the first quarter and announced plans to acquire Ruckus Wireless and ICX Switch business for $800 million in cash.
  • Genesis Healthcare Inc (NYSE: GEN) shares declined 13.8 percent to $3.30 on Q4 results.
  • Weibo Corp (ADR) (NASDAQ: WB) shares tumbled 13.5 percent to $50.36. Weibo reported Q4 adjusted earnings of $0.34 per share on revenue of $212.7 million.
  • Archrock Inc (NYSE: AROC) shares fell 13 percent to $13.80 on weak quarterly earnings.
  • FARO Technologies, Inc. (NASDAQ: FARO) dropped 12.5 percent to $34.00 after the company posted downbeat quarterly results.
  • SINA Corp (NASDAQ: SINA) shares fell 12 percent to $70.07. SINA reported Q4 adjusted earnings of $0.63 per share on revenue of $313.4 million.
  • Cenveo, Inc. (NYSE: CVO) shares declined 11 percent to $5.64. Cenveo reported a Q4 loss of $241,000 on revenue of $417.2 million.
  • Cloud Peak Energy Inc. (NYSE: CLD) shares tumbled 10.2 percent to $5.10. Cloud Peak Energy priced 13.5 million shares at $5.10 per share.
  • NVIDIA Corporation (NASDAQ: NVDA) shares declined 9.1 percent to $100.74. BMO Capital downgraded NVIDIA from Market Perform to Underperform, while Nomura downgraded the stock from Buy to Reduce.
  • Hormel Foods Corp (NYSE: HRL) dropped 7.4 percent to $34.54 after the company reported weaker-than-expected earnings for its first quarter and lowered its forecast.
  • La-Z-Boy Incorporated (NYSE: LZB) declined 6.3 percent to $26.60. Stifel Nicolaus downgraded La-Z-Boy from Buy to Hold.
  • Jack in the Box Inc. (NASDAQ: JACK) fell 5.7 percent to $97.70 as the company posted downbeat results for its first quarter and issued a weak forecast for the full year.
  • Nationstar Mortgage Holdings Inc (NYSE: NSM) declined 5.7 percent to $17.72. Barclays downgraded Nationstar Mortgage from Equal-Weight to Underweight.
  • Artisan Partners Asset Management Inc (NYSE: APAM) fell 3.2 percent to $29.42 after the company reported an offering of 5.627 million shares of common stock.

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

 

Related Articles

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
PVACNorthland SecuritiesUpgrades0.0
NKEWells FargoMaintains80.0
DRIWells FargoMaintains120.0
CDNARaymond JamesMaintains46.0
EPRRaymond JamesMaintains80.0
View the Latest Analytics Ratings
Don't Miss Out!
Join Our Newsletter
Subscribe to:
Trader Essentials
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You
for registering for Benzinga’s newsletters and alerts.
• The Daily Analysts Ratings email will be received daily between 7am and 10am.
• The Market in 5 Minutes email will be received daily between 7am and 8am.
• The Fintech Focus email will be received every Friday between 2pm and 5pm.

An Invisible Chinese Hand Could Be Behind Earnings Revisions

StreetSweeper's New Short: Pulse Biosciences