Market Overview

18 Biggest Mid-Day Losers For Monday

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  • Forterra Inc (NASDAQ: FRTA) shares tumbled 27.3 percent to $14.33. Forterra posted a Q1 loss of $0.35 per share on sales of $338.3 million.
  • TOP SHIPS Inc (NASDAQ: TOPS) shares dropped 26.2 percent to $1.07 as the company disclosed that it has agreed to enter into a Promissory Note Purchase Agreement with Xanthe Holdings Ltd.
  • Verso Corporation (NYSE: VRS) shares fell 24.2 percent to $4.60 following earlier filing of 10-Q. Verso posted a Q1 loss of $0.67 per share on sales of $616 million.
  • Quorum Health Corp (NYSE: QHC) shares dipped 24.1 percent to $2.96. Quorum Health posted a Q1 loss of $0.99 per share on sales of $527.6 million.
  • U.S. Auto Parts Network, Inc. (NASDAQ: PRTS) shares dropped 21 percent to $3.06.
  • One Horizon Group Inc (NASDAQ: OHGI) declined 19.4 percent to $1.00. One Horizon Group reported a Q1 loss of $0.21 per share on revenue of $373,000.
  • Veritone Inc (NASDAQ: VERI) shares dropped 18.4 percent to $10.67.
  • Envirostar Inc (NYSE: EVI) shares declined 13.5 percent to $21.05. EnviroStar reported Q3 earnings of $0.08 per share on revenue of $24.6 million.
  • American Shared Hospital Services (NYSE: AMS) dropped 12.5 percent to $3.85. American Shared Hospital reported Q1 earnings of $0.05 per share on revenue of $4.914 million.
  • Westmoreland Coal Company (NASDAQ: WLB) shares fell 11 percent to $8.75. Westmoreland reported a Q1 loss of $1.98 per share on revenue of $339 million.
  • Forward Industries, Inc. (NASDAQ: FORD) declined 10.7 percent to $1.16. Forward reported a Q2 loss of $0.03 per share on sales of $4.5 million.
  • Eldorado Gold Corp (USA) (NYSE: EGO) fell 9.2 percent to $3.33. Eldorado Gold announced plans to acquire Integra Gold for C$590 million.
  • Ionis Pharmaceuticals Inc (NASDAQ: IONS) dropped 8.7 percent to $42.97. Ionis Pharma disclosed that its Phase 3 NEURO-TTR study met both primary endpoints.
  • DryShips Inc. (NASDAQ: DRYS) shares declined 7.5 percent to $4.69 after dropping 4.88 percent on Friday.
  • Technical Communications Corporation (NASDAQ: TCCO) shares slipped 7.1 percent to $2.55 after surging 12.24 percent on Friday.
  • J C Penney Company Inc (NYSE: JCP) dropped 4.6 percent to $4.34. Baird downgraded JC Penney from Outperform to Neutral, while Deutsche Bank downgraded the stock from Buy to Hold.
  • Golden Entertainment Inc (NASDAQ: GDEN) shares fell 4.4 percent to $17.13. SunTrust Robinson Humphrey downgraded Golden Entertainment from Buy to Hold.
  • Tesla Inc (NASDAQ: TSLA) shares declined 2.9 percent to $315.59. Morgan Stanley downgraded Tesla from Overweight to Equal-Weight.

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

 

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