Market Overview

10 Biggest Mid-Day Losers For Thursday

  • DragonWave, Inc.(USA) (NASDAQ: DRWI) shares dropped 14.7 percent to $0.930. DragonWave reported a Q1 loss of $0.52 per share on revenue of $9 million.
  • XCel Brands Inc (NASDAQ: XELB) shares fell 8.8 percent to $3.10.
  • TESARO Inc (NASDAQ: TSRO) shares dropped 7.7 percent to $127.66. Tesaro’s sale process is unlikely to result in a deal, according to CNBC's David Faber.
  • Amicus Therapeutics, Inc. (NASDAQ: FOLD) shares declined 7 percent to $12.25. Amicus Therapeutics reported a $225 million public offering of common stock.
  • Catalyst Pharmaceuticals Inc (NASDAQ: CPRX) shares dipped 6.5 percent to $2.92. Catalyst Pharma announced a $150 million mixed securities shelf offering.
  • Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) shares declined 6.4 percent to $23.75 after dropping 2.46 percent on Wednesday.
  • Pieris Pharmaceuticals Inc (NASDAQ: PIRS) shares dropped 5.2 percent to $5.63.
  • ARC Group WorldWide Inc (NASDAQ: ARCW) shares declined 5.2 percent to $2.75.
  • Seagate Technology PLC (NASDAQ: STX) shares fell around 4.6 percent to $37.87. Barclays downgraded Seagate from Equal-Weight to Underweight.
  • Silgan Holdings Inc. (NASDAQ: SLGN) dropped 3.2 percent to $31.11. Goldman Sachs downgraded Silgan from Neutral to Sell.

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


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