Market Overview

18 Biggest Mid-Day Losers For Wednesday

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  • Babcock & Wilcox Enterprises Inc (NYSE: BW) shares dipped 40.4 percent to $9.83. Babcock & Wilcox reported Q4 adjusted loss of $1.60 per share on revenue of $380 million. KeyBanc downgraded Babcock & Wilcox from Overweight to Sector Weight.
  • Impax Laboratories Inc (NASDAQ: IPXL) shares dropped 28.4 percent to $10.20. Impax Labs reported Q4 adjusted earnings of $0.16 per share on revenue of $198.4 million.
  • Oasmia Pharmaceutical AB (NASDAQ: OASM) shares fell 22.8 percent to $1.80.
  • Palo Alto Networks Inc (NYSE: PANW) declined 22.4 percent to $117.94. Palo Alto posted upbeat Q2 earnings, but sales missed expectations. The company also issued a weak forecast for the current quarter.
  • CyberOptics Corporation (NASDAQ: CYBE) shares dropped 21 percent to $27.20. CyberOptics reported Q4 earnings of $0.85 per share on sales of $13.45 million. The company also issued a weak sales forecast for the first quarter.
  • American Public Education, Inc. (NASDAQ: APEI) shares fell 18.2 percent to $19.75 after the company reported downbeat quarterly earnings.
  • Etsy Inc (NASDAQ: ETSY) tumbled 15.3 percent to $10.27. Etsy reported a Q4 GAAP loss of $0.16 per share.
  • Pra Group Inc (NASDAQ: PRAA) declined 13.4 percent to $35.33 on wider-than-expected quarterly loss.
  • XO Group Inc (NYSE: XOXO) dropped 11.6 percent to $16.29. XO Group posted adjusted earnings of $0.12 per share for its fourth quarter. Stifel Nicolaus downgraded XO Group from Buy to Hold.
  • Kewaunee Scientific Corporation (NASDAQ: KEQU) declined 11.5 percent to $22.35 after the company reported Q3 results.
  • American Eagle Outfitters (NYSE: AEO) shares fell 10.3 percent to $14.22. American Eagle posted upbeat Q4 earnings, but issued a weak forecast for the current quarter.
  • Qumu Corp (NASDAQ: QUMU) shares dropped 10.2 percent to $1.94. Qumu reported a Q4 loss of $0.04 per share on revenue of $9.3 million. The company also issued a weak forecast.
  • Enphase Energy Inc (NASDAQ: ENPH) shares declined 10.1 percent to $1.61 as the company posted weak Q4 results.
  • Ideal Power Inc (NASDAQ: IPWR) dropped 8.8 percent to $2.60. Ideal Power posted a quarterly loss of $0.29 per share .
  • Best Buy Co Inc (NYSE: BBY) fell 4 percent to $42.36. Best Buy reported better-than-expected earnings for its fourth quarter, but sales missed estimates. The company also issued weak earnings forecast for the current quarter.
  • Ambarella Inc (NASDAQ: AMBA) shares fell 3.5 percent to $56.87. Ambarella reported upbeat results for its fourth quarter, but issued a weak sales forecast for the current quarter.
  • Ross Stores, Inc. (NASDAQ: ROST) dropped 3 percent to $66.70. Ross Storesreported upbeat results for its fourth quarter, but issued a downbeat forecast. The company announced a $1.75 billion buyback plan and raised its quarterly dividend. Citigroup downgraded Ross Stores from Buy to Neutral.
  • Sarepta Therapeutics Inc (NASDAQ: SRPT) shares fell 2 percent to $30.53 despite posting a smaller loss than analysts predicted and topping sales estimates.

Latest Ratings for BW

DateFirmActionFromTo
Mar 2018MaintainsUnderperformUnderperform
Aug 2017DowngradesBuyNeutral
Aug 2017MaintainsUnderperform

View More Analyst Ratings for BW
View the Latest Analyst Ratings

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

 

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EGIEYGoldman SachsInitiates Coverage On
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