Market Overview

15 Biggest Mid-Day Losers For Thursday

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  • Kroger Co (NYSE: KR) shares tumbled 15.3 percent to $25.66. Kroger posted in-line Q1 earnings, but lowered its FY17 adjusted earnings outlook.
  • Adesto Technologies Corp (NASDAQ: IOTS) shares dipped 11.5 percent to $4.25. Adesto Technologies priced 4.375 million shares at $4 per share.
  • World Acceptance Corp. (NASDAQ: WRLD) shares fell 9.9 percent to $75.08.
  • Sprouts Farmers Market Inc (NASDAQ: SFM) dropped 9.2 percent to $22.48. Morgan Stanley downgraded Sprouts Farmers from Overweight to Equal-Weight.
  • Ampco-Pittsburgh Corp (NYSE: AP) declined 8.6 percent to $14.40. Ampco-Pittsburgh disclosed that it has temporarily suspended its quarterly dividend.
  • Lantheus Holdings Inc (NASDAQ: LNTH) dropped 8.2 percent to $14.93. Lantheus reported a secondary offering by selling stockholders of 3 million shares of common stock.
  • Brinker International, Inc. (NYSE: EAT) fell 8.2 percent to $37.61. JP Morgan downgraded Brinker from Overweight to Neutral.
  • Smart & Final Stores Inc (NYSE: SFS) shares dropped 7.2 percent to $11.55.
  • Mattel, Inc. (NASDAQ: MAT) fell 7.1 percent to $20.58. DA Davidson downgraded Mattel from Buy to Neutral.
  • Bob Evans Farms Inc (NASDAQ: BOBE) shares declined 5.7 percent to $67.98. Bob Evans Farms posted better-than-expected earnings for its fourth quarter, while sales missed estimates.
  • 8Point3 Energy Partners LP (NASDAQ: CAFD) dropped 4.4 percent to $13.16. Guggenheim downgraded 8Point3 Energy from Buy to Neutral.
  • Time Inc (NYSE: TIME) shares slipped 4.3 percent to $13.40. Macquarie downgraded Time from Outperform to Neutral.
  • Advanced Micro Devices, Inc. (NASDAQ: AMD) shares fell 4.1 percent to $11.29 after declining 1.59 percent on Wednesday.
  • Pacific Biosciences of California (NASDAQ: PACB) shares declined 2.8 percent to $3.24 after the company reported an offering of common stock.
  • Alphabet Inc (NASDAQ: GOOGL) dropped 2.2 percent to $946.82. Canaccord Genuity downgraded Alphabet from Buy to Hold.
 

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