15 Biggest Mid-Day Losers For Friday

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  • Nutanix Inc NTNX shares declined 20.2 percent to $24.85. Nutanix reported upbeat quarterly results, but issued a weak forecast for the current quarter. Morgan Stanley downgraded Nutanix from Equal-Weight to Underweight.
  • Immersion Corporation IMMR shares fell 18.6 percent to $8.70. Immersion posted a wider-than-expected Q4 loss and issued a weak FY17 forecast. Craig-Hallum downgraded Immersion from Buy to Hold.
  • SCYNEXIS Inc SCYX shares dropped 17.7 percent to $2.69 after the company disclosed that it has delayed the start of new clinical studies using IV formulation of SCY-078 at the FDA's request.
  • Karyopharm Therapeutics Inc KPTI shares dipped 12.5 percent to $12.11 after the company reported Phase 2 SOPRA study results. The company disclosed the study did not meet primary endpoint.
  • Uranium Resources, Inc. URRE dropped 10.8 percent to $1.76 after the company reported operating results for 2016.
  • WPP plc WPPGY shares slipped 8.5 percent to $107.05 after the company reported preliminary results for 2016.
  • CGG SA (ADR) CGG fell 8.2 percent to $8.54. CGG reported a Q4 loss of $279.1 million.
  • Bill Barrett Corporation BBG shares declined 8 percent to $5.18 on downbeat Q4 results.
  • DryShips Inc. DRYS fell 7.6 percent to $1.45. DryShips shares have dropped 99.91 percent over the past 52 weeks, while the S&P 500 index has gained 19.49 percent in the same period.
  • L.B. Foster Co FSTR shares declined 6.2 percent to $13.60. L.B. Foster posted a Q4 loss of $3.97 per share on revenue of $106.6 million.
  • Neff Corp NEFF slipped 5.8 percent to $15.40 after the company posted weaker-than-expected quarterly profit.
  • PennantPark Investment Corp. PNNT shares dropped 5.4 percent to $8.12. PennantPark Investment reported a quarterly distribution of $0.18 per share.
  • HMS Holdings Corp HMSY shares tumbled 5.3 percent to $17.96. Raymond James initiated coverage on HMS Holdings with an Outperform rating.
  • American Outdoor Brands Corp AOBC shares fell 4.3 percent to $18.58 g after the company posted downbeat Q3 revenue and issued a weak forecast for the current quarter.
  • Costco Wholesale Corporation COST slipped 4.1 percent to $170.67 after the company reported weaker-than-expected earnings and comparable store sales for its second quarter.
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