18 Biggest Mid-Day Losers For Friday

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  • Nordic American Offshore Ltd. NAO shares declined 41.5 percent to $1.20. Nordic American Offshore priced its upsized offering of 40 million shares at $1.25 per share.
  • FunctionX Inc FNCX shares dropped 24.2 percent to $0.978. FunctionX priced its 4.5 million share offering at $1.05 per share.
  • BP Prudhoe Bay Royalty Trust BPT shares declined 20.4 percent to $19.55.
  • Gulf Island Fabrication, Inc. GIFI shares fell 15 percent to $11.10. Gulf Island Fabrication reported a Q4 loss of $0.24 per share on revenue of $55.45 million.
  • Zoe's Kitchen Inc ZOES dropped 13.8 percent to $19.35 after the company posted a wider-than-expected quarterly loss.
  • Career Education Corp. CECO shares declined 13 percent to $8.12. Career Education reported a Q4 loss of $32.9 million.
  • Acacia Communications, Inc. ACIA shares dropped 12.8 percent to $55.30 after the company issued a weak forecast for the current quarter.
  • Hi-Crush Partners LP HCLP dropped 12.2 percent to $18.05. Hi-Crush Partners reported a primary offering of common units.
  • Benefitfocus Inc BNFT fell 10 percent to $25.50. Benefitfocus reported Q4 adjusted loss of $0.09 per share on revenue of $62.6 million.
  • Eyegate Pharmaceuticals Inc EYEG declined 9.7 percent to $2.54 after the company reported full-year 2016 financial results and issued a business update.
  • J C Penney Company Inc JCP shares fell 9.5 percent to $6.21 after the company reported better-than-expected earnings for its fourth quarter and announced plans to close around 130-140 stores.
  • Hewlett Packard Enterprise Co HPE shares fell 9 percent to $22.43 after the company reported downbeat revenue for its first quarter and cut its full-year profit outlook. BMO Capital downgraded Hewlett Packard Enterprise from Outperform to Market Perform.
  • Nova Lifestyle Inc NVFY shares declined 8.8 percent to $2.29 after surging 38.67 percent on Thursday.
  • KBR, Inc. KBR shares fell 7.8 percent to $14.88 after reporting results for the fourth quarter.
  • DryShips Inc. DRYS shares fell 6.6 percent to $2.19 after declining 12.96 percent on Thursday.
  • Watsco Inc WSO fell 4.8 percent to $144.86. United Technologies reported a secondary offering of 4.236 million shares of Watsco common stock.
  • Splunk Inc SPLK fell 4.6 percent to $61.91. Splunk reported upbeat results for its fourth quarter, but issued a weak sales forecast for the current quarter.
  • Kforce Inc. KFRC dropped 3.1 percent to $24.73. Credit Suisse downgraded Kforce from Outperform to Neutral.
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