Market Overview

12 Biggest Mid-Day Losers For Monday

  • Neothetics Inc (NASDAQ: NEOT) shares dropped 69.6 percent to $0.709. Neothetics disclosed that LIPO-202 did not show any improvement on efficacy measurements.
  • Matinas BioPharma Holdings Inc (NYSE: MTNB) shares declined 18.1 percent to $2.27. Matinas BioPharma reported that Phase 2 clinical study of orally-administered MAT2203 for the treatment of vulvovaginal candidiasis did not meet expectations.
  • Gener8 Maritime Inc (NYSE: GNRT) shares tumbled 14.1 percent to $5.26.
  • Internet Gold Golden Lines Ltd (NASDAQ: IGLD) shares declined 13.1 percent to $9.79.
  • Seattle Genetics, Inc. (NASDAQ: SGEN) shares dropped 11.2 percent to $54.81. Seattle Genetics disclosed that Phase 3 ECHELON-1 trial met its primary endpoint.
  • Stratasys, Ltd. (NASDAQ: SSYS) shares dipped 11 percent to $24.56. Goldman Sachs downgraded Stratasys from Neutral to Sell.
  • Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) shares declined 11 percent to $9.31.
  • HealthStream, Inc. (NASDAQ: HSTM) dropped 10 percent to $27.79. HealthStream repoted that Laerdal Medical A/S has ended renewal negotiations for the agreements with HealthStream.
  • Agios Pharmaceuticals Inc (NASDAQ: AGIO) shares fell 9.7 percent to $53.43. Agios Pharma disclosed updated data from fully enrolled DRIVE PK study demonstrating AG-348's potential as first disease-modifying treatment for patients with PKR at the European Hematology Association. Janney Capital downgraded Agios Pharmaceuticals from Buy to Neutral.
  • DryShips Inc. (NASDAQ: DRYS) shares dropped 6.6 percent to $2.28 after tumbling 13.78 percent on Friday.
  • Arconic Inc (NYSE: ARNC) shares declined 6.1 percent to $23.98 as the company said in emails it knowingly supplied flammable panels for use in Grenfell Tower.
  • GrubHub Inc (NYSE: GRUB) dropped 6.5 percent to $44.60. Morgan Stanley downgraded GrubHub from Overweight to Equal-Weight.

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