15 Biggest Mid-Day Losers For Wednesday
- Sunshine Heart Inc (NASDAQ: SSH) shares tumbled 32.5 percent to $0.910. Sunshine Heart reported the pricing of $8 million offering.
- Libbey Inc. (NYSE: LBY) shares dropped 22.6 percent to $10.83 after the company reported weak preliminary financial results for its first quarter.
- Platinum Group Metals Limited (USA) (NYSE: PLG) shares dipped 13 percent to $1.28 after the company reported a $20 million bought deal financing.
- Pulse Biosciences Inc (NASDAQ: PLSE) shares fell 10.9 percent to $22.41.
- Lifetime Brands Inc (NASDAQ: LCUT) shares declined 10.5 percent to $18.30 as the company disclosed that its board has unanimously rejected the unsolicited offer from Mill Road Capital.
- Celadon Group, Inc. (NYSE: CGI) shares fell 8 percent to $4.05.
- Nivalis Therapeutics Inc (NASDAQ: NVLS) dropped 7.2 percent to $2.45 after the company announced a merger deal with Alpine Immune Sciences.
- Diana Shipping Inc. (NYSE: DSX) shares dropped 6.1 percent to $4.80. Diana Shipping reported an offering of $70 million in common shares.
- Murphy USA Inc (NYSE: MUSA) fell 6 percent to $69.69. Wells Fargo downgraded Murphy from Outperform to Market Perform.
- International Business Machines Corp. (NYSE: IBM) shares declined 6 percent to $159.89. IBM posted upbeat earnings for its first quarter, while revenue missed expectations.
- Finisar Corporation (NASDAQ: FNSR) dropped 5.7 percent to $22.47.
- Adeptus Health Inc (NYSE: ADPT) shares fell 5.5 percent to $1.39 after declining 26.50 percent on Tuesday.
- Sibanye Gold Ltd (ADR) (NASDAQ: SBGL) fell 5.4 percent to $9.47 after dropping 3.38 percent on Tuesday.
- Interactive Brokers Group, Inc. (NASDAQ: IBKR) dropped 3.1 percent to $33.72. Interactive Brokers posted Q1 earnings of $0.34 per share.
- Energizer Holdings Inc (NYSE: ENR) declined 2.2 percent to $58.18. Morgan Stanley downgraded Energizer from Overweight to Equal-Weight.
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