Market Overview

12 Biggest Mid-Day Losers For Thursday

  • Immune Pharmaceuticals Inc (NASDAQ: IMNP) shares dipped 44.1 percent to $1.23 after surging 83.33 percent on Wednesday.
  • Seadrill Ltd (NYSE: SDRL) shares tumbled 31.2 percent to $0.184. Seadrill reported a Q2 net loss of $158 million on revenue of $577 million. The company also disclosed that it will likely file for Chapter 11 bankruptcy protection on or before 12th September 2017.
  • Avalon Holdings Corp (NYSE: AWX) shares dropped 12.8 percent to $1.98.
  • J M Smucker Co (NYSE: SJM) shares tumbled 7.5 percent to $109.96 after the company posted downbeat quarterly results and lowered its FY18 forecast.
  • China Unicom (Hong Kong) Limited (ADR) (NYSE: CHU) shares dropped 7.2 percent to $14.94 after declining 1.89 percent on Wednesday.
  • Hormel Foods Corp (NYSE: HRL) shares slipped 7.1 percent to $31.54 after the company reported weaker-than-expected profit for its third quarter and lowered its FY17 earnings outlook.
  • Professional Diversity Network Inc (NASDAQ: IPDN) shares declined 6.6 percent to $5.70.
  • Bitauto Hldg Ltd (ADR) (NYSE: BITA) shares fell 6.1 percent to $37.55.
  • Mesoblast limited (ADR) (NASDAQ: MESO) shares dropped 5.7 percent to $6.33.
  • Mechel PAO (ADR) (NYSE: MTL) shares declined 4.9 percent to $5.45.
  • Toro Co (NYSE: TTC) fell 4 percent to $66.24. Toro posted upbeat Q3 earnings, while sales missed estimates.
  • 1-800-Flowers.Com Inc (NASDAQ: FLWS) declined 3.2 percent to $8.62 as the company posted weaker-than-expected Q4 results.

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