15 Biggest Mid-Day Losers For Tuesday

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  • Dipexium Pharmaceuticals Inc DPRX shares tumbled 76 percent to $3.05 following the announcement that its drug Locilex has failed to meets in primary endpoint in its Phase 3 trial.
  • FuelCell Energy Inc FCEL declined 29.3 percent to $3.67 after the company disclosed that CT Energy & Technology was not selected for contract negotiations under RFP. Roth Capital downgraded FuelCell Energy from Buy to Neutral and lowered the price target from $7.50 to $4.00.
  • Corbus Pharmaceuticals Holdings Inc CRBP shares fell 25.6 percent to $6.62. Corbus Pharmaceuticals shares have climbed 426.63 percent over the past 52 weeks, while the S&P 500 index has gained 3.87 percent in the same period.
  • OpGen Inc OPGN declined 23.3 percent to $1.35. OpGen reported a Q3 loss of $0.23 per share on revenue of $0.8 million.
  • Pacific Mercantile Bancorp PMBC fell 22.9 percent to $5.82. Pacific Mercantile Bancorp reported a Q3 loss of $30.5 million on revenue of $10.2 million for its third quarter.
  • Calithera Biosciences Inc CALA shares dropped 20.3 percent to $2.35. Citigroup initiated coverage on Calithera Biosciences with a Sell rating and a $1.00 price target.
  • Sonic Corporation SONC shares declined 18.2 percent to $21.66. Sonic reported upbeat earnings for its fourth quarter, but revenue missed expectations.
  • Superior Energy Services, Inc. SPN shares fell 16.6 percent to $15.47 following lower-than-expected third-quarter results.
  • Under Armour Inc UA shares dropped 13.4 percent to $32.82. Under Armour delivered higher than expected earnings and revenue for the third quarter. The company reiterated its revenue and operating income forecast for the year 2016.
  • Nielsen N.V. NLSN dropped 14.4 percent to $47.03 after the company posted downbeat Q3 results.
  • Allegheny Technologies Incorporated ATI fell 12.6 percent to $15.55 after the company posted weak results for the third quarter.
  • Whirlpool Corporation WHR shares declined 11 percent to $151.67 following weak results in the third quarter.
  • Sprint Corp S shares declined 7.5 percent to $6.40. Sprint reported a loss of $142 million on revenue of $8.25 billion for its second quarter.
  • Brinker International, Inc. EAT shares slipped 4.5 percent to $49.78 after the company posted weaker-than-expected Q1 results.
  • Buckeye Partners, L.P. BPL shares fell 4 percent to $67.80. Buckeye Partners reported Q3 earnings of $1.19 per share on revenue of $766.6 million and announced plans to offer 7.5 million limited partnership units. Buckeye Partners also agreed to acquire 50 percent interest in VTTI B.V.'s global marine terminal business for $1.15 billion.
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