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Market Overview

12 Biggest Mid-Day Losers For Thursday

  • Skypeople Fruit Juice Inc (NASDAQ: SPU) shares plummeted 45.46 percent to $2.90. The company announced an agreement with institutional investors for the purchase shares for gross proceeds of $2,672,500 in a registered direct offering.
  • MoSys Inc. (NASDAQ: MOSY) shares plunged 31.45 percent to $1.32. Analysts at Benchmark downgraded the rating on MoSys from Speculative Buy to Hold in a research report released on Thursday.
  • Sorrento Therapeutics Inc (NASDAQ: SRNE) shares dived 34.75 percent to $1.92. The company announced plans to offer and sell shares of its common stock in an underwritten public offering.
  • DelMar Pharmaceuticals Inc (NASDAQ: DMPI) shares slid 23.83 percent to $3.10. The company announced that it had priced a registered public offering of 2,769,232 shares of common stock and warrants to purchase 2,076,924 shares of common stock at a price of $3.25 per share and related warrant.
  • Alliance MMA Inc (NASDAQ: AMMA) shares declined 18.33 percent to $2.08.
  • North Atlantic Drilling Ltd. (NYSE: NADL) shares fell 16.22 percent to $2.22.
  • Pier 1 Imports Inc (NYSE: PIR) shares dipped 12.69 percent to $6.33. The company projected a higher-than-expected net loss per share for its fiscal first quarter.
  • Papa Murphy's Holdings Inc (NASDAQ: FRSH) shares declined 18.39 percent to $5.37, after having gained 65 percent in the past month.
  • DavidsTea Inc (NASDAQ: DTEA) shares fell 15.52 percent to $6.38. The company reported results for the full year ended Jan. 28.
  • Apogee Enterprises Inc (NASDAQ: APOG) shares plummeted 10.93 percent to $51.73, after the company reported disappointing fourth quarter EPS of $0.80.
  • LSB Industries, Inc. (NYSE: LXU) shares slid 10.11 percent to $7.42. Zacks Investment Research downgraded the rating on LSB Industries from Buy to Sell.
  • Obseva SA (NASDAQ: OBSV) shares declined 10.14 percent to $7.23.

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