Market Overview

12 Biggest Mid-Day Losers For Tuesday

  • Axsome Therapeutics Inc (NASDAQ: AXSM) shares dropped 18.7 percent to $3.58. Axsome Therapeutics priced 3.74 million shares at $3.74 per share.
  • Sunshine Heart Inc (NASDAQ: SSH) shares fell 17 percent to $2.35.
  • Aevi Genomic Medicine, Inc. (NASDAQ: GNMX) shares declined 15.8 percent to $1.86. Jefferies downgraded Aevi Genomic Medicine from Buy to Hold.
  • Walter Investment Management Corp (NYSE: WAC) shares dropped 13.6 percent to $0.950.
  • Dimension Therapeutics Inc (NASDAQ: DMTX) shares slipped 12.5 percent to $1.75.
  • Layne Christensen Company (NASDAQ: LAYN) shares fell 11.6 percent to $7.96 after the company issued a weak sales forecast for the fourth quarter.
  • Quantenna Communications Inc (NASDAQ: QTNA) shares declined 11.5 percent to $21.56.
  • La Jolla Pharmaceutical Company (NASDAQ: LJPC) shares dropped 10.6 percent to $34.38. La Jolla Pharmaceutical reported a proposed underwritten public offering of common stock.
  • Cheetah Mobile Inc (ADR) (NYSE: CMCM) shares slipped 10 percent to $11.13. Cheetah Mobile reported Q4 earnings of $0.06 per share on revenue of $183.59 million.
  • Canadian Solar Inc. (NASDAQ: CSIQ) shares dropped 9.5 percent to $12.26 after the company posted downbeat quarterly earnings and issued a weak forecast.
  • Allegheny Technologies Incorporated (NYSE: ATI) shares declined 4.1 percent to $16.85. Longbow Research initiated coverage on Allegheny Technologies with a Buy rating.
  • Genesis Energy, L.P. (NYSE: GEL) fell 3.1 percent to $31.83. Genesis Energy disclosed that it has priced its public offering of 4 million common units for gross proceeds of $124 million.

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