Market Overview

11 Biggest Mid-Day Losers For Thursday

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  • Kamada Ltd (NASDAQ: KMDA) shares dipped 24 percent to $5.70 after the company reported the withdrawal of European Marketing Authorization Application for inhaled Alpha-1 Antitrypsin.
  • Steelcase Inc. (NYSE: SCS) shares dropped 15.2 percent to $13.82 after the company reported downbeat earnings for its first quarter and issued a weak outlook for the second quarter.
  • Aethlon Medical, Inc. (NASDAQ: AEMD) shares fell 7.7 percent to $2.12.
  • Jernigan Capital Inc (NYSE: JCAP) declined 7.4 percent to $22.46. Jernigan Capital reported commencement of 3 million share common stock offering.
  • Immune Design Corp (NASDAQ: IMDZ) shares dropped 7.3 percent to $8.85.
  • Accenture Plc (NYSE: ACN) shares dipped 6.1 percent to $119.32. Accenture reported in-line earnings for its third quarter, while sales exceeded estimates. The company also lowered its GAAP gross margin guidance.
  • IntriCon Corporation (NASDAQ: IIN) shares dropped 5.7 percent to $6.60.
  • Weibo Corp (ADR) (NASDAQ: WB) shares fell 5.4 percent to $72.84. Chinese regulators ordered Weibo and other social media sites to shut down audio-visual services Wednesday. The State Administration of Press, Publication, Radio, Film and Television said Weibo was operating without the proper license, publishing content not in-line with government regulations, and promoting negative comments.
  • SINA Corp (NASDAQ: SINA) shares declined 4.1 percent to $88.18. Chinese regulators ordered Weibo and other social media sites to shut down audio-visual services Wednesday.
  • Taylor Morrison Home Corp (NYSE: TMHC) dropped 3.3 percent to $23.30. Taylor Morrison Home reported the pricing of its 10 million share offering.
  • Fang Holdings Ltd (NYSE: SFUN) shares fell 3.1 percent to $3.28 after rising 5.96 percent on Wednesday.

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

 

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