12 Biggest Mid-Day Losers For Tuesday
- GTx, Inc. (NASDAQ: GTXI) shares declined 20 percent to $4.92 after surging 98.39 percent on Monday.
- CEL-SCI Corporation (NYSE: CVM) shares dropped 18.6 percent to $0.0790 after the company reported a 1-for-25 reverse split.
- EXCO Resources Inc (NYSE: XCO) shares slipped 11.3 percent to $4.30.
- Cheesecake Factory Inc (NASDAQ: CAKE) shares dropped 10.1 percent to $52.43 after the company issued a weak same-restaurant sales forecast for the current quarter.
- Science Applications International Corp (NYSE: SAIC) shares declined 9.3 percent to $73.87. SAIC reported better-than-expected earnings for its first quarter, but revenue missed estimates.
- pSivida Corp. (NASDAQ: PSDV) shares fell 9.1 percent to $1.89. pSivida disclosed that its Phase 3 trial for Durasert met primary endpoint.
- Invuity, Inc. (NASDAQ: IVTY) declined 7.9 percent to $6.40 after the company issued an update on PhotonBlade commercialization. Invuity has decided to initiate voluntary recall and remove small number of remaining PhotonBlade units from the field.
- TRACON Pharmaceuticals Inc (NASDAQ: TCON) shares dropped 7.8 percent to $2.35.
- Coffee Holding Co., Inc. (NASDAQ: JVA) fell 6.1 percent to $4.34. Coffee Holding reported Q2 earnings of $0.00 per share on sales of $17.787 million.
- Lawson Products, Inc. (NASDAQ: LAWS) dropped 5.3 percent to $21.55.
- Cobalt International Energy, Inc. (NYSE: CIE) shares declined 4.5 percent to $0.222 after the company reported a 1-for-15 reverse stock split.
- Synaptics, Incorporated (NASDAQ: SYNA) fell 4 percent to $56.45 after the company reported the purchase of Conexant Systems for $300 million.
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