Market Overview

15 Biggest Mid-Day Losers For Thursday

  • Egalet Corp (NASDAQ: EGLT) shares tumbled 36.3 percent to $1.62. Egalet reported pricing of public offering of common stock and warrants.
  • Tahoe Resources Inc (NYSE: TAHO) shares dipped 30.3 percent to $5.78 following Guatemalan Court suspension of Escobal mining license. BMO Capital downgraded Tahoe Resources from Outperform to Market Perform.
  • Celsion Corporation (NASDAQ: CLSN) shares dropped 20.5 percent to $1.92. Celsion Corporation reported a $5 million registered direct offering.
  • Cerulean Pharma Inc (NASDAQ: CERU) shares tumbled 18 percent to $0.926 after surging 144.32 percent on Wednesday.
  • JMP Group Inc. (NYSE: JMP) shares declined 16 percent to $6.06 after climbing 29.68 percent on Wednesday.
  • MYOS RENS Technology Inc (NASDAQ: MYOS) shares dropped 14.8 percent to $2.02.
  • Yum China Holdings Inc (NYSE: YUMC) shares fell 12.5 percent to $35.17. Yum China reported in-line earnings for its second quarter, while sales slightly missed estimates.
  • Fred's, Inc. (NASDAQ: FRED) shares declined 11.1 percent to $6.55. Fred's June comparable store sales declined 1.6 percent, while total sales for the month dropped 5.3 percent year.
  • L Brands Inc (NYSE: LB) shares dropped 9.9 percent to $48.76 after the company reported a 9 percent drop in its June comparable sales.
  • PriceSmart, Inc. (NASDAQ: PSMT) declined 8.5 percent to $80.50 as the company posted weaker-than-expected results for its third quarter.
  • Patterson Companies, Inc. (NASDAQ: PDCO) dropped 6.4 percent to $44.41. Stifel Nicolaus downgraded Patterson from Hold to Sell.
  • AZZ Inc (NYSE: AZZ) shares slipped 6.2 percent to $52.75 after the company reported weaker-than-expected results for its first quarter.
  • Tesla Inc (NASDAQ: TSLA) fell 4.5 percent to $312.39 following the Insurance Institute for Highway Safety reporting that the Model S did not meet standards for a safety award.
  • Univar Inc (NYSE: UNVR) dropped 4.4 percent to $27.34. Berenberg initiated coverage on Univar with a Sell rating.
  • Liberty Media Corporation - Series C Liberty Formula One (NASDAQ: FWONK) fell 3.5 percent to $35.01. Liberty Media priced secondary public offering of 12,500,000 shares of Liberty’s Series C Liberty Formula One common stock at $35.50 per share.

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

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