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Market Overview

10 Biggest Mid-Day Losers For Monday

  • Coherus Biosciences Inc (NASDAQ: CHRS) shares tumbled 28.2 percent to $14.82 after the company disclosed that it has received a Complete Response Letter from the FDA for CHS-1701. The company said it will work with the FDA to provide necessary information.
  • Volt Information Sciences, Inc. (NYSE: VISI) shares declined 22.5 percent to $3.95. On Friday, Volt Information Sciences reported a Q2 loss of $854,000 on revenue of $303 million.
  • Flexible Solutions International, Inc. (NYSE: FSI) shares fell 11.3 percent to $1.88.
  • Barnwell Industries, Inc. (NYSE: BRN) shares declined 9.1 percent to $1.91.
  • Universal Display Corporation (NASDAQ: OLED) shares slipped 7.4 percent to $115.60.
  • STMicroelectronics NV (ADR) (NYSE: STM) shares dropped 5.6 percent to $15.61 after falling 4.61 percent on Friday.
  • Nova Measuring Instruments Ltd (NASDAQ: NVMI) shares slipped 4.3 percent to $24.20 after tumbling 7.30 percent on Friday.
  • Apple Inc. (NASDAQ: AAPL) shares fell 2.7 percent to $144.90. Mizuho downgraded Apple from Buy to Neutral.
  • Pandora Media Inc (NYSE: P) dropped 2.6 percent to $8.30. Oppenheimer downgraded Pandora from Outperform to Perform.
  • Adobe Systems Incorporated (NASDAQ: ADBE) shares fell 2.1 percent to $135.22. Pivotal Research downgraded Adobe from Hold to Sell.

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