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Market Overview

10 Biggest Mid-Day Losers For Wednesday

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  • Meridian Waste Solutions Inc (NASDAQ: MRDN) shares tumbled 30.9 percent to $1.66. Meridian Waste Solutions reported the pricing of its public offering.
  • DryShips Inc. (NASDAQ: DRYS) shares dipped 19.8 percent to $2.05 after surging 9.21 percent on Tuesday. DryShips reported successful delivery of newbuilding Very Large Cas Carrier. The company projects gross backlog associated with time charter of up to $92.7 million.
  • EZCORP Inc (NASDAQ: EZPW) shares dropped 12.4 percent to $7.97. EZCORP reported a private offering of $125 million of convertible senior notes due 2024.
  • Global Medical REIT Inc (NASDAQ: GMRE) shares declined 9.3 percent to $8.92. Global Medical REIT priced its 3.5 million share common stock offering at $9 per share.
  • Chembio Diagnostics Inc (NASDAQ: CEMI) shares fell 9.2 percent to $ 5.76. Chembio Diagnostics reported a $21.2 million common stock offering.
  • Acorn International, Inc. (ADR) (NYSE: ATV) shares dropped 7.9 percent to $10.63.
  • Polarityte Inc (NASDAQ: COOL) shares fell 7.3 percent to $23.38.
  • Government Properties Income Trust (NASDAQ: GOV) shares dropped 7.2 percent to $20.32. First Potomac Realty Trust agreed to be acquired by Government Properties Income Trust in a transaction valued at $1.4 billion, including debt.
  • ARC Group WorldWide Inc (NASDAQ: ARCW) shares fell 6.5 percent to $2.90.
  • First Potomac Realty Trust (NYSE: FPO) shares declined 2.2 percent to $11.11. First Potomac Realty Trust agreed to be acquired by Government Properties Income Trust in a transaction valued at $1.4 billion, including debt.
 

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

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