Market Overview

15 Biggest Mid-Day Losers For Friday

  • Xenetic Biosciences Inc (NASDAQ: XBIO) shares dropped 12.6 percent to $2.87.
  • Rhythm Pharmaceuticals, Inc. (NASDAQ: RYTM) shares declined 12.2 percent to $26.35. Rhythm Pharmaceuticals priced its 7.05 million share IPO at $17.00 per share.
  • Alliqua Biomedical Inc (NASDAQ: ALQA) shares tumbled 10 percent to $3.02. Alliqua Biomedical reported a 1-for-10 reverse stock split.
  • Darling Ingredients Inc (NYSE: DAR) shares declined 8.9 percent to $16.30. JP Morgan downgraded Darling Ingredients from Overweight to Neutral.
  • Inotek Pharmaceuticals Corp (NASDAQ: ITEK) shares fell 8.3 percent to $2.78 after climbing 48.53 percent on Thursday.
  • Internap Corp (NASDAQ: INAP) shares dropped 8.3 percent to $4.51.
  • Intercept Pharmaceuticals Inc (NASDAQ: ICPT) shares declined 8 percent to $67.00. Seaport Global initiated coverage on Intercept Pharmaceuticals with a Buy rating, while Goldman Sachs resumed coverage on the stock with a Neutral rating.
  • Catabasis Pharmaceuticals Inc (NASDAQ: CATB) shares dropped 6.8 percent to $2.65 after declining 6.27 percent on Thursday.
  • Sanderson Farms, Inc. (NASDAQ: SAFM) fell 6.2 percent to $150.05. JP Morgan downgraded Sanderson Farms from Neutral to Underweight.
  • Costco Wholesale Corporation (NASDAQ: COST) shares dipped 6 percent to $157.15. Costco reported better-than-expected profit for its fourth quarter on Thursday. Morgan Stanley downgraded Costco from Overweight to Equal-Weight.
  • HTG Molecular Diagnostics Inc (NASDAQ: HTGM) shares fell 5.3 percent to $1.95.
  • Social Reality Inc (NASDAQ: SRAX) shares slipped 5.2 percent to $2.36 after dropping 3.11 percent on Thursday.
  • Keane Group Inc (NYSE: FRAC) dropped 4.2 percent to $16.48. Barclays initiated coverage on Keane Group with an Underweight rating.
  • Triumph Bancorp Inc (NASDAQ: TBK) declined 4.1 percent to $30.90. Piper Jaffray downgraded Triumph Bancorp from Overweight to Neutral.
  • Annaly Capital Management, Inc. (NYSE: NLY) shares fell 2.5 percent to $12.09. Annaly Capital Management reported a 65 million share offering of common stock.

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


Related Articles (ALQA + CATB)

View Comments and Join the Discussion!

Latest Ratings

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
for registering for Benzinga’s newsletters and alerts.
• The Daily Analysts Ratings email will be received daily between 7am and 10am.
• The Market in 5 Minutes email will be received daily between 7am and 8am.
• The Fintech Focus email will be received every Friday between 2pm and 5pm.

These ETFs Say The Energy Rally Has Doubters

XIV Climbs To New Highs As VIX Breaks More Records