Market Overview

12 Biggest Mid-Day Losers For Wednesday

  • China New Borun Corp (NYSE: BORN) shares dipped 9.6 percent to $1.41.
  • EnerSys (NYSE: ENS) shares tumbled 9 percent to $75.73 after the company posted downbeat quarterly earnings.
  • Michael Kors Holdings Ltd (NYSE: KORS) shares dipped 8.8 percent to $33.09 after the company posted a loss for its fourth quarter loss and announced plans to close between 100 and 125 stores. However, the company’s adjusted earnings exceeded expectations. The company also issued a weak earnings forecast for the current quarter.
  • Patriot National Inc (NYSE: PN) shares fell 8.8 percent to $2.40.
  • Cliffs Natural Resources Inc (NYSE: CLF) shares declined 8 percent to $5.71 after rising 0.98 percent on Tuesday.
  • Golar LNG Limited (USA) (NASDAQ: GLNG) dropped 7.5 percent to $23.34 after the company reported interim Q1 results. The company posted an operating loss of $41.4 million and EBITDA of $16.2 million.
  • Golden Ocean Group Ltd (NASDAQ: GOGL) shares fell 6.2 percent to $5.76 after dropping 3.61 percent on Tuesday.
  • Koppers Holdings Inc. (NYSE: KOP) shares declined 6 percent to $35.25. Jefferies downgraded Koppers Holdings from Buy to Hold.
  • Apollo Commercial Real Est. Finance Inc (NYSE: ARI) shares dropped 4.1 percent to $18.21. Apollo Commercial Real Estate reported a 12 million share offering.
  • iRobot Corporation (NASDAQ: IRBT) shares declined 3.6 percent to $96.20. Canaccord Genuity downgraded iRobot from Buy to Hold.
  • Zebra Technologies Corp (NASDAQ: ZBRA) fell 3 percent to $103.79. Morgan Stanley downgraded Zebra Technologies from Overweight to Equal-Weight.
  • Molina Healthcare, Inc. (NYSE: MOH) dropped 3 percent to $64.45. Stifel Nicolaus downgraded Molina Healthcare from Hold to Sell.

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

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