Market Overview

20 Biggest Mid-Day Losers For Thursday

Share:
  • Synchronoss Technologies, Inc. (NASDAQ: SNCR) shares declined 47 percent to $13.05 after the company reported the departures of CEO Ronald Hovsepian and CFO John Frederick. The company also lowered its Q1 outlook.
  • Ocean Power Technologies Inc (NASDAQ: OPTT) shares tumbled 27.2 percent to $1.48. Ocean Power Technologies priced its 5.385 million share common stock offering at $1.30 per share.
  • CARBO Ceramics Inc. (NYSE: CRR) shares dropped 23.2 percent to $7.00 as the company reported a wider-than-expected Q1 loss.
  • American Superconductor Corporation (NASDAQ: AMSC) declined 22.5 percent to $5.97 as the company lowered its Q4 sales forecast.
  • Pacific Biosciences of California (NASDAQ: PACB) shares tumbled 22 percent to $4.04 after the company reported a wider-than-expected quarterly loss.
  • Microvision, Inc. (NASDAQ: MVIS) dropped 14.4 percent to $2.33. Microvision reported a Q1 loss of $0.08 per share on revenue of $792,000.
  • Isle of Capri Casinos (NASDAQ: ISLE) shares fell 14.3 percent to $23.06 after rising 3.18 percent on Wednesday.
  • Mellanox Technologies, Ltd. (NASDAQ: MLNX) shares dipped 12.9 percent to $44.35 after the company reported downbeat quarterly results and issued a weak forecast.
  • KapStone Paper and Packaging Corp. (NYSE: KS) fell 12.8 percent to $20.90 after the company posted downbeat quarterly results. Vertical Research downgraded KapStone Paper from Buy to Hold.
  • Cliffs Natural Resources Inc (NYSE: CLF) declined 11.2 percent to $6.39. Cliffs Natural reported a Q1 loss of $28.1 million.
  • FTI Consulting, Inc. (NYSE: FCN) shares fell 10.4 percent to $37.70 on weaker-than-expected results for its first quarter.
  • Brookline Bancorp, Inc. (NASDAQ: BRKL) shares dropped 9.1 percent to $14.50. Brookline reported a secondary offering and announced Q1 earnings of $0.19 per share.
  • Cooper Tire & Rubber Co (NYSE: CTB) dropped 8.9 percent to $39.55 after the company posted weaker-than-expected quarterly results.
  • Bemis Company, Inc. (NYSE: BMS) shares declined 8.4 percent to $45.97 after reporting downbeat quarterly earnings.
  • Nabors Industries Ltd. (NYSE: NBR) dropped 8.1 percent to $10.79. Nabors reported a Q1 loss of $149 million.
  • Sapiens International Corporation N.V. (NASDAQ: SPNS) declined 7.6 percent to $12.33 after the company reported a halt of software development project and revised its 2017 forecast.
  • American Airlines Group Inc (NASDAQ: AAL) shares slipped 7.5 percent to $42.90. American Airlines reported upbeat earnings for its first quarter. JP Morgan downgraded American Airlines from Overweight to Neutral.
  • F5 Networks, Inc. (NASDAQ: FFIV) fell 6.3 percent to $128.62 after the company posted weaker-than-expected quarterly results.
  • Citrix Systems, Inc. (NASDAQ: CTXS) shares fell 4 percent to $80.76. Citrix posted upbeat Q1 earnings.
  • Southwest Airlines Co (NYSE: LUV) fell 3.3 percent to $55.05 after reporting downbeat quarterly earnings.

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

 

Related Articles (AMSC + AAL)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
HSKACanaccord GenuityMaintains75.0
AVGOMorgan StanleyMaintains265.0
AMATNeedhamMaintains56.0
VOYACitigroupMaintains62.0
VCCitigroupMaintains86.0
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

Why Under Armour Needs To Stop Trying To Compete With Nike

Drug Trials Heating Up In The Breast and Ovarian Cancer Treatment Space