Market Overview

20 Biggest Mid-Day Losers For Tuesday

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  • SCYNEXIS Inc (NASDAQ: SCYX) shares tumbled 31.8 percent to $1.73. Scynexis reported a Q1 loss of $6.4 million on revenue of $64,000.
  • Neonode, Inc (NASDAQ: NEON) shares dipped 27.3 percent to $1.17. Neonode reported a Q1 loss of $0.02 per share on sales of $2.3 million.
  • Inpixon (NASDAQ: INPX) shares declined 23 percent to $3.42 after surging 148.04 percent on Monday.
  • TravelCenters of America LLC (NASDAQ: TA) shares dipped 20.6 percent to $5.00. TravelCenters of America posted Q1 GAAP loss of $0.74 per share on sales of $1.39 billion.
  • Fulgent Genetics Inc (NASDAQ: FLGT) shares fell 20.2 percent to $8.55 as the company posted weak Q1 results.
  • AmTrust Financial Services Inc (NASDAQ: AFSI) tumbled 19.1 percent to $12.51 after the company posted downbeat quarterly profit.
  • Servicesource International Inc (NASDAQ: SREV) dropped 17.1 percent to $3.19. ServiceSource reported Q1 adjusted loss of $0.02 per share on revenue of $56.7 million. For the current quarter, ServiceSource projects revenue of $55.5 million to $58.5 million.
  • NxStage Medical, Inc. (NASDAQ: NXTM) shares declined 14.8 percent to $23.00. NxStage Medical posted Q1 loss of $0.02 per share on sales of $96.83 million. The company also issued weak sales forecast for the current quarter.
  • Meet Group Inc (NASDAQ: MEET) shares fell 13.7 percent to $5.45. Meet Group reported adjusted earnings of $0.07 per share on revenue of $20.1 million.
  • Atkore International Group Inc (NYSE: ATKR) dropped 13.6 percent to $22.83 on weak Q2 earnings.
  • Kona Grill Inc (NASDAQ: KONA) fell 13.1 percent to $4.65 as the company posted a wider-than-expected Q1 loss and lowered its FY17 restaurant sales guidance.
  • Chicago Bridge & Iron Company N.V. (NYSE: CBI) dropped 13.1 percent to $25.25 on downbeat quarterly earnings.
  • Hertz Global Holdings, Inc (NYSE: HTZ) shares declined 12.4 percent to $13.06 as the company reported a wider-than-expected loss for its first quarter.
  • Cytokinetics, Inc. (NASDAQ: CYTK) dropped 8.6 percent to $14.30. Cytokinetics priced its 5.26 million share offering at $14.25 per share.
  • Pandora Media Inc (NYSE: P) shares fell 7.7 percent to $9.60. Pandora posted a narrower-than-expected loss for its first quarter, but issued a weak sales forecast for the current quarter. Pandora announced a $150 million investment by KKR and disclosed that the company is exploring strategic alternatives, including a sale.
  • Nevro Corp (NASDAQ: NVRO) dropped 6.9 percent to $80.31 as the company posted a larger-than-expected quarterly loss. Riley downgraded Nevro from Buy to Neutral.
  • Allot Communications Ltd (NASDAQ: ALLT) shares slipped 6.1 percent to $4.61 after the company posted a wider-than-expected Q1 loss.
  • Preferred Apartment Communities Inc. (NYSE: APTS) shares dropped 5.7 percent to $14.96. Preferred Apartment Communities reported a proposed public offering of 2.75 million shares of common stock.
  • Cytosorbents Corp (NASDAQ: CTSO) declined 5.3 percent to $4.45. CytoSorbents reported a Q1 loss of $0.05 per share on revenue of $2.59 million.
  • Armada Hoffler Properties Inc (NYSE: AHH) fell 4.4 percent to $13.18. Armada Hoffler Properties priced 6 million shares at $13 per share.

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

 

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