Market Overview

18 Biggest Mid-Day Losers For Thursday

Share:
  • Walter Investment Management Corp (NYSE: WAC) shares tumbled 33.9 percent to $1.02. Walter Investment Management shares have dropped 76.48 percent over the past 52 weeks, while the S&P 500 index has gained 17.66 percent in the same period.
  • CareDx Inc (NASDAQ: CDNA) fell 25.6 percent to $1.60 after the company reported weak preliminary sales for fourth quarter and FY 2016.
  • TrovaGene Inc (NASDAQ: TROV) shares dipped 22.9 percent to $1.35. Trovagene reported a Q4 loss of $8.5 million on revenue of $68,000. Piper Jaffray downgraded TrovaGene from Neutral to Underweight.
  • Arotech Corporation (NASDAQ: ARTX) shares dropped 22.5 percent to $3.17 after the company posted downbeat Q4 results.
  • Avid Technology, Inc. (NASDAQ: AVID) shares fell 18 percent to $4.39. Avid Tech disclosed that it has postponed Q4 earnings conference call to allow auditors to complete 'routine procedures.'
  • Digital Power Corporation (NYSE: DPW) declined 16.7 percent to $1.00.
  • AXT Inc (NASDAQ: AXTI) shares fell 16 percent to $6.22. AXT reported that an electrical short-circuit fire occurred at its manufacturing production facility.
  • Patheon NV (NYSE: PTHN) shares declined 15.7 percent to $26.45 on downbeat quarterly results.
  • PFSweb, Inc. (NASDAQ: PFSW) fell 11.7 percent to $6.77. PFSweb reported a Q4 loss of $0.19 per share on revenue of $102.45 million. The company also lowered its FY17 sales forecast.
  • Guess?, Inc. (NYSE: GES) shares dropped 10.6 percent to $10.94 after the company reported weaker-than-expected results for its fourth quarter.
  • Catalyst Pharmaceuticals Inc (NASDAQ: CPRX) fell 11 percent to $1.38. Catalyst Pharmaceuticals reported a Q4 loss of $0.05 per share.
  • Heritage Insurance Holdings Inc (NYSE: HRTG) shares dropped 10 percent to $12.74. Heritage Insurance reported a Q4 loss of $0.09 per share on revenue of $102.80 million.
  • Inovio Pharmaceuticals Inc (NASDAQ: INO) shares declined 9.5 percent to $6.22. Inovio Pharmaceuticals reported a Q4 loss of $0.35 per share on revenue of $8.5 million. Piper Jaffray downgraded Inovio Pharma from Overweight to Neutral.
  • Intrepid Potash, Inc. (NYSE: IPI) shares declined 6.7 percent to $1.33. Intrepid Potash reported a proposed public offering of common stock.
  • Biogen Inc (NASDAQ: BIIB) shares slipped 5.3 percent to $277.19. Morgan Stanley downgraded Biogen from Overweight to Equal-Weight.
  • Conatus Pharmaceuticals Inc (NASDAQ: CNAT) fell 4.5 percent to $4.69 after the company posted a wider-than-expected quarterly loss.
  • Masimo Corporation (NASDAQ: MASI) dropped 4.1 percent to $92.51. Piper Jaffray downgraded Masimo from Overweight to Neutral.
  • United Therapeutics Corporation (NASDAQ: UTHR) shares fell 4.1 percent to $140.10. Credit Suisse initiated coverage on United Therapeutics with an Underperform rating,

Latest Ratings for WAC

DateFirmActionFromTo
May 2017UpgradesUnderperformMarket Perform
Dec 2016DowngradesMarket PerformUnderperform
Aug 2016MaintainsUnderweight

View More Analyst Ratings for WAC
View the Latest Analyst Ratings

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

 

Related Articles (ARTX + AVID)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
SPLKCleveland ResearchDowngrades
IQVWolfe ResearchUpgrades
PRAHWolfe ResearchUpgrades
DEBank of AmericaDowngrades
SYYCitigroupMaintains84.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
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

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

This Algo Is Bullish On Banks And Tech

Both Opportunity And Uncertainty Surround Caterpillar