Market Overview

15 Biggest Mid-Day Losers For Tuesday

Share:
  • Axovant Sciences Ltd (NASDAQ: AXON) shares dipped 72.7 percent to $6.61 after the company disclosed that Phase 3 MINDSET clinical trial did not meet its co-primary efficacy endpoints.
  • Genocea Biosciences Inc (NASDAQ: GNCA) tumbled 66.2 percent to $1.80 after the company reported strategic shift to immuno-oncology and development of neoantigen cancer vaccines. The company also announced plans to explore strategic alternatives for GEN-003 and lower staff by 40 percent.
  • PTC Therapeutics, Inc. (NASDAQ: PTCT) shares fell 22.8 percent to $15.06. The FDA's briefing document on PTC Therapeutics showed that 'more work would be needed to establish whether ataluren is effective.'
  • Kadmon Holdings Inc (NASDAQ: KDMN) dropped 20.1 percent to $3.03 as the company reported mixed shelf offering.
  • Repligen Corporation (NASDAQ: RGEN) shares fell 13.7 percent to $37.30.
  • Xerium Technologies, Inc. (NYSE: XRM) shares declined 13.6 percent to $4.84.
  • TherapeuticsMD Inc (NYSE: TXMD) shares dropped 10.9 percent to $5.40. TherapeuticsMD priced its 12.4 million share offering at $5.65 per share.
  • IHS Markit Ltd (NASDAQ: INFO) fell 7.8 percent to $44.53. IHS Markit posted Q3 adjusted earnings of $0.57 per share on revenue of $904.7 million. The company also reported the acquisition of automotiveMastermind Inc. for $392 million.
  • QEP Resources Inc (NYSE: QEP) shares slipped 7.7 percent to $8.20 after the company reported the closing of Pinedale asset sale and lowered its FY17 production outlook.
  • World Fuel Services Corp (NYSE: INT) declined 7.1 percent to $34.17. Bank of America downgraded World Fuel Services from Neutral to Underperform.
  • Shake Shack Inc (NYSE: SHAK) fell 6 percent to $31.59. Wedbush downgraded Shake Shack from Outperform to Neutral.
  • Aradigm Corporation (NASDAQ: ARDM) shares dropped 5.7 percent to $3.17 after climbing 32.81 percent on Monday.
  • Sabra Health Care REIT Inc (NASDAQ: SBRA) declined 5.4 percent to $21.13. Sabra Health Care REIT priced an underwritten public offering of 16,000,000 shares at $21.00 per share.
  • ProQR Therapeutics NV (NASDAQ: PRQR) fell 5.1 percent to $6.12 after the company disclosed top-line data from Phase 1b study of QR-010.
  • Darden Restaurants, Inc. (NYSE: DRI) shares slipped 4.5 percent to $79.37. Darden posted in-line quarterly earnings.

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

 

Related Articles (ARDM + AXON)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
YEXTMorgan StanleyMaintains15.0
WKMorgan StanleyMaintains42.0
RAMPMorgan StanleyMaintains58.0
PDMorgan StanleyMaintains34.0
HTHTDaiwa CapitalDowngrades
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

4 Opportunities That Could Write The Next Chapter Of Red Hat's Growth Story

18 Biggest Mid-Day Gainers For Tuesday