Market Overview

18 Biggest Mid-Day Losers For Thursday

  • 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

May 2017Wells FargoUpgradesUnderperformMarket Perform
Dec 2016Keefe Bruyette & WoodsDowngradesMarket PerformUnderperform
Aug 2016BarclaysMaintainsUnderweight

View More Analyst Ratings for WAC
View the Latest Analyst Ratings


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

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