Market Overview

12 Biggest Mid-Day Losers For Tuesday

  • Egalet Corp (NASDAQ: EGLT) shares tumbled 20.6 percent to $2.28. Egalet disclosed that it has received a Complete Response Letter from the FDA for prior approval supplement for 10 mg and 15 mg dosage strengths of OXAYDO.
  • Hornbeck Offshore Services, Inc. (NYSE: HOS) shares dipped 12.8 percent to $2.53.
  • Fuling Global Inc (NASDAQ: FORK) shares dropped 12.5 percent to $3.15.
  • Cenovus Energy Inc (USA) (NYSE: CVE) shares declined 10 percent to $7.01 after the company reported that its President and CEO Brian Ferguson will retire on October 31, 2017.
  • Fang Holdings Ltd (NYSE: SFUN) shares dropped 9.9 percent to $3.30. SouFun Holdings reported a Q1 loss of $12 million on revenue of $109.8 million.
  • Emerge Energy Services LP (NYSE: EMES) shares fell 9.2 percent to $7.89.
  • Whiting Petroleum Corp (NYSE: WLL) shares tumbled 9 percent to $5.33.
  • Superior Energy Services, Inc. (NYSE: SPN) shares dropped 8.8 percent to $9.68.
  • Neos Therapeutics Inc (NASDAQ: NEOS) shares declined 6.9 percent to $8.38 as the company reported the FDA approval of Cotempla XR-ODT extended-release orally disintegrating tablets for the treatment of ADHD in patients 6 to 17 years old.
  • CVR Refining LP (NYSE: CVRR) dipped 5.4 percent to $8.85. Credit Suisse downgraded CVR Refining from Outperform to Neutral.
  • Galapagos NV (ADR) (NASDAQ: GLPG) shares dropped 4.2 percent to $78.39 after gaining 3.69 percent on Monday. BTIG Research initiated coverage on Galapagos with a Buy rating.
  • Kosmos Energy Ltd (NYSE: KOS) declined 3.7 percent to $5.70. Johnson Rice initiated coverage of Kosmos Energy with a Buy rating.

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

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