Market Overview

15 Biggest Mid-Day Losers For Wednesday

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  • bebe stores, inc. (NASDAQ: BEBE) shares tumbled 23.9 percent to $3.98. bebe stores will reportedly license www.bebe.com domain name, social media accts. and international wholesale agreements to one or more third parties, according to Reuters.
  • Continental Materials Corporation (NYSE: CUO) shares dropped 16.5 percent to $20.81. Continental Materials reported a Q1 loss of $0.25 per share on sales of $34.103 million.
  • Oncobiologics Inc (NASDAQ: ONS) shares fell 14.7 percent to $1.62.
  • Photronics, Inc. (NASDAQ: PLAB) shares declined 12.3 percent to $10.12 after the company reported downbeat Q2 results and issued a weak forecast for the current quarter.
  • Baozun Inc (ADR) (NASDAQ: BZUN) shares declined 12 percent to $20.05 after climbing 14.70 percent on Tuesday. Baozun reported Q1 adjusted earnings of $0.07 per share on sales of $116.9 million.
  • My Size, Inc. (NASDAQ: MYSZ) shares dropped 11.1 percent to $1.20.
  • American Eagle Outfitters (NYSE: AEO) shares fell 10.7 percent to $11.57 after the company posted downbeat quarterly earnings.
  • Midatech Pharma PLC-ADR (NASDAQ: MTP) shares slipped 10.5 percent to $2.55.
  • Cellect Biotechnology Ltd. (NASDAQ: APOP) shares declined 10 percent to $9.32.
  • Meridian Bioscience, Inc. (NASDAQ: VIVO) fell 9.7 percent to $13.32 as the FDA issued a warning that certain lead tests by the company’s Magellan Diagnostics could provide inaccurate results.
  • Advanced Micro Devices, Inc. (NASDAQ: AMD) dropped 8.5 percent to $11.67 after surging 11.65 percent on Tuesday. Loop Capital downgraded AMD from Buy to Hold.
  • Ultra Clean Holdings Inc (NASDAQ: UCTT) shares dropped 7 percent to $20.93 after rising 0.58 percent on Tuesday.
  • New Oriental Education & Tech Grp (ADR) (NYSE: EDU) shares declined 6.5 percent to $70.93. JP Morgan downgraded New Oriental Education from Overweight to Neutral.
  • Fox Factory Holding Corp (NASDAQ: FOXF) dropped 5.6 percent to $32.00. DA Davidson downgraded Fox Factory from Buy to Neutral.
  • Etsy Inc (NASDAQ: ETSY) fell 4 percent to $13.19 after surging 21.29 percent on Tuesday. Loop Capital downgraded Etsy from Buy to Hold.

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

 

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