Benzinga’s Biggest Losers (ING, LYG, IVN, SFL, MVIS)
ING Groep N.V. (ADR) (NYSE: ING) plunged 18% to $10.06 after as investors are concerned with the banks exposure to the Dubai market. So far this year, ING is down over 9%.
Lloyds Banking Group PLC (ADR) (NYSE: LYG) fell 8.55% to $5.67 on are concerned with the banks exposure to the Dubai market. LYG has recovered very well from its day low of $5.15.
Ivanhoe Mines Ltd. (USA) (NYSE: IVN) fell 5.25% to $12.10 as metal commodity is down on Dubai concern and strong dollar. So far this year, IVN is up over 344%.
Ship Finance International Limited (NYSE: SFL) declined 4.12% to $12.81 after SFL reported Q3 adjusted EPS of $0.47, versus the analyst estimate of $0.53.
Microvision, Inc. (NASDAQ: MVIS) fell 3.63% to $3.45 after MVIS announced the pricing of an underwritten public offering of approximately 3.3 million shares of its common stock to a single current institutional shareholder at a price of $3.00 per share.
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