15 Biggest Mid-Day Losers For Monday

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  • First NBC Bank Holding Company 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) 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 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 ITCI shares dropped 36.8 percent to $8.74 after the company issued a corporate update on its schizophrenia program.
  • Orchids Paper Products Company 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 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 ANTH dropped 12.1 percent to $2.32. On Friday, Anthera Pharma reported a 1-for-8 reverse stock split.
  • Xerium Technologies, Inc. XRM declined 11 percent to $6.33 as the company posted weak Q1 earnings.
  • Broadwind Energy Inc. BWEN shares fell 10.8 percent to $8.20.
  • DryShips Inc. DRYS shares slipped 10.4 percent to $1.16.
  • Insperity Inc 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 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 Genworth and Oceanwide have withdrawn and re-filed their joint voluntary notice to the CFIUS to permit more time for review and discussion with the CFIUS in connection with the proposed merger.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. TYPE dropped 6.9 percent to $18.95. B. Riley downgraded Monotype Imaging from Buy to Neutral.
  • Seaspan Corporation SSW shares declined 4.8 percent to $6.70. Credit Suisse downgraded Seaspan from Neutral to Underperform.
  • Western Digital Corp WDC fell 2.6 percent to $86.78. Jefferies downgraded Western Digital from Buy to Hold.
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