Midday Losers From October 29: InvenSense, American Realty Capital, Orbital Sciences And More

American Realty Capital Properties Inc ARCP -31% - The company announced non-reliance on previously issued financial statements and changes in accounting personnel. In addition, analysts at BMO Capital downgraded the stock to Market Perform.

InvenSense Inc INVN -24% - The company reported downbeat earnings Tuesday missing EPS estimates by a wide margin. Moreover, multiple analysts downgraded the stock Wednesday.

Orbital Sciences Corp ORB -16% - Shares are down sharply following an explosion of its Antares rocket; the rocket exploded seconds after liftoff from NASA's Wallops Flight Facility in Virginia.

Aspen Technology, Inc. AZPN -14% - Despite beating Q1 2015 estimates, the company slightly lowered Q2 earnings and revenue guidance.

Amtrust Financial Services Inc AFSI -13% - Compass point downgraded shares to Neutral. In addition, a negative Seeking Alpha article on the company was published.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Intraday UpdateMovers
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!