Market Overview

20 Biggest Mid-Day Losers For Friday

Share:
  • Transenterix Inc (NYSE: TRXC) shares dipped 37.7 percent to $0.679. TransEnterix reported the pricing of $24.9 million public offering of common stock and warrant.
  • CorMedix Inc. (NYSE: CRMD) shares declined 35.1 percent to $0.675. CorMedix raised its earlier announced public offering to $12.1 million.
  • FuelCell Energy Inc (NASDAQ: FCEL) shares tumbled 32.8 percent to $1.08. FuelCell Energy priced its $15.4 million underwritten public offering of common stock and warrants.
  • Vince Holding Corp (NYSE: VNCE) dropped 23.1 percent to $1.00. Vince Holding reported a Q4 loss of $162.1 million on revenue of $63.9 million.
  • Matrix Service Co (NASDAQ: MTRX) shares fell 21.8 percent to $13.20 as the company issued a weak sales forecast for the third quarter.
  • athenahealth, Inc (NASDAQ: ATHN) shares declined 19.4 percent to $97.94 after the company reported weaker-than-expected quarterly results.
  • PDF Solutions, Inc. (NASDAQ: PDFS) fell 18.5 percent to $18.86 as the company posted downbeat Q1 results.
  • Time Inc (NYSE: TIME) shares dropped 18.2 percent to $14.98. Time’s board determined to pursue the company’s own strategic plan. Wells Fargo downgraded Time from Outperform to Market Perform.
  • PCM Inc (NASDAQ: PCMI) shares dipped 17.6 percent to $24.85. PCM posted Q1 earnings of $0.26 per share on revenue of $524.4 million. The company projects Q2 earnings of $0.44 to $0.49 per share, and revenue of $580 million to $600 million.
  • A10 Networks Inc (NYSE: ATEN) dropped 16.7 percent to $7.96. A10 Networks posted Q1 earnings of $0.01 per share on revenue of $60.3 million.
  • Gigamon Inc (NASDAQ: GIMO) shares fell 15.7 percent to $30.35. Gigamon reported Q1 adjusted earnings of $0.12 per share on revenue of $69.6 million. Credit Suisse downgraded Gigamon from Outperform to Neutral
  • Lantronix Inc (NASDAQ: LTRX) dropped 14.5 percent to $2.84. Lantronix reported Q3 GAAP loss of $0.01 per share on sales of $11.5 million.
  • Orchid Island Capital Inc (NYSE: ORC) shares slipped 9.2 percent to $9.92. Orchid Island reported Q1 earnings of $0.07 per share.
  • The Ensign Group, Inc. (NASDAQ: ENSG) declined 7.7 percent to $17.64. Wells Fargo downgraded Ensign Group from Market Perform to Underperform.
  • Accuray Incorporated (NASDAQ: ARAY) dropped 7.6 percent to $4.25. Accuray posted a wider-than-expected Q3 loss and lowered its FY 2017 sales guidance.
  • Greenhill & Co., Inc. (NYSE: GHL) shares declined 7.1 percent to $26.20 after reporting weak quarterly results.
  • Barclays PLC (ADR) (NYSE: BCS) dropped 4.8 percent to $10.96 after the company reported results for its first quarter.
  • Intel Corporation (NASDAQ: INTC) declined 3.7 percent to $36.06. Intel reported upbeat earnings for its first quarter, but sales missed estimates.
  • Starbucks Corporation (NASDAQ: SBUX) fell 3.4 percent to $59.24. Starbucks posted in-line earnings for its first quarter, but sales missed expectations. The company also lowered its FY17 earnings outlook.
  • QUALCOMM, Inc. (NASDAQ: QCOM) fell 3.1 percent to $51.59 after the company lowered its Q3 forecast.
 

Related Articles (ARAY + ATEN)

View Comments and Join the Discussion!

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

Latest Ratings

StockFirmActionPT
WORKPiper SandlerMaintains40.0
TDOCPiper SandlerMaintains220.0
SPWHPiper SandlerMaintains15.0
NTBPiper SandlerMaintains30.0
MDBPiper SandlerMaintains226.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
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.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
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