Market Overview

15 Biggest Mid-Day Losers For Monday

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  • First NBC Bank Holding Company (NASDAQ: FNBC) shares dipped 92.5 percent to $0.200. First NBC Bank was closed by the Louisiana Office of Financial Institutions.
  • AEterna Zentaris Inc. (USA) (NASDAQ: AEZS) shares tumbled 60 percent to $1.34 after the company disclosed that its Phase 3 Zoptec study did not achieve primary endpoint.
  • Neurotrope Inc (NASDAQ: NTRP) shares declined 52.8 percent to $8.88 after a planned release of clinical data failed to impress investors. Neurotrope saw its shares gain more than 15 percent on Friday on high anticipation of Monday's results. But the company, unfortunately, revealed around 90 patients who received a 20mg dose of bryostatin did not see any statistically significant improvement.
  • ITI Inc (NASDAQ: ITCI) shares dropped 36.8 percent to $8.74 after the company issued a corporate update on its schizophrenia program.
  • Orchids Paper Products Company (NYSE: TIS) fell 23.4 percent to $18.65. Orchids Paper Products reported a Q1 loss of $860,000 on revenue of $35.4 million.
  • Wesco Aircraft Holdings Inc (NYSE: WAIR) declined 17.5 percent to $10.02. Wesco Aircraft named Todd Renehan as CEO and Alex Murray as President and COO. The company also issued a weak forecast for the second quarter.
  • Anthera Pharmaceuticals Inc (NASDAQ: ANTH) dropped 12.1 percent to $2.32. On Friday, Anthera Pharma reported a 1-for-8 reverse stock split.
  • Xerium Technologies, Inc. (NYSE: XRM) declined 11 percent to $6.33 as the company posted weak Q1 earnings.
  • Broadwind Energy Inc. (NASDAQ: BWEN) shares fell 10.8 percent to $8.20.
  • DryShips Inc. (NASDAQ: DRYS) shares slipped 10.4 percent to $1.16.
  • Insperity Inc (NYSE: NSP) dropped 8.4 percent to $83.70. Insperity posted upbeat Q1 earnings, but sales missed estimates. The company also issued a weak earnings forecast for the current quarter.
  • Genworth Financial Inc (NYSE: GNW) fell 7.8 percent to $3.72. Genworth and Oceanwide have withdrawn and re-filed their joint voluntary notice to the CFIUS to permit more time for review and discussion with the CFIUS in connection with the proposed merger.
  • Monotype Imaging Holdings Inc. (NASDAQ: TYPE) dropped 6.9 percent to $18.95. B. Riley downgraded Monotype Imaging from Buy to Neutral.
  • Seaspan Corporation (NYSE: SSW) shares declined 4.8 percent to $6.70. Credit Suisse downgraded Seaspan from Neutral to Underperform.
  • Western Digital Corp (NASDAQ: WDC) fell 2.6 percent to $86.78. Jefferies downgraded Western Digital from Buy to Hold.

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

 

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