15 Biggest Mid-Day Losers For Wednesday

StemCells Inc STEM shares dropped 36.5 percent to $1.65 as the company reported that it will accept warrant exercises from holders to purchase common stock issued on April 29, 2015 at a reduced exercise price of $1.10 per share. StemCells shares jumped 598.55 percent on Tuesday.
Appliance Recycling Centers of America ARCI shares fell 30.9 percent to $1.01. Appliance Recycling Centers of America shares have surged 14.96 percent over the past 52 weeks, while the S&P 500 index has gained 3.60 percent in the same period.
Cree, Inc. CREE shares declined 15.1 percent to $23.33 as the company reported downbeat earnings for its fourth quarter and issued a weak forecast for the current quarter.
Barnes & Noble, Inc. BKS shares fell 12.5 percent to $11.71 as the company announced the departure of its CEO Ronald Boire. Gabelli & Co. downgraded Barnes & Noble from Buy to Hold.
21Vianet Group Inc VNET dropped 11.7 percent to $9.28. 21Vianet Group reported a Q2 adjusted loss of $0.17 per ADS on revenue of $137.1 million. JP Morgan downgraded 21Vianet Group from Neutral to Underweight.
Performance Sports Group Ltd PSG shares fell 11.1 percent to $1.85 after announcing an investigation by the U.S. Securities and Exchange Commission and Canadian securities regulator.
Popeyes Louisiana Kitchen Inc PLKI shares dipped 9.4 percent to $52.98. Popeyes posted in-line earnings for its second quarter, but sales missed analysts’ estimates. Popeye's also lowered FY 2016 system-wide same-store sales growth from a range of 2-3 percent down to 1-2 percent.
SiteOne Landscape Supply Inc SITE shares fell 8.2 percent to $35.25. SiteOne Landscape posted a Q2 loss of $3.18 per share on revenue of $513.4 million.
Pyxis Tankers Inc PXS dropped 6.5 percent to $2.19 following Q2 results. Pyxis Tankers reported Q2 earnings of $0.02 per share.
Lowe's Companies, Inc. LOW slipped 6.9 percent to $76.04 as the company reported weaker-than-expected results for the second quarter and cut its earnings outlook for the full year.
Staples, Inc. SPLS shares dropped 6.9 percent to $8.69. Staples reported in-line earnings for its second quarter, but issued a disappointing earnings forecast for the current quarter.
Target Corporation TGT shares declined 6.2 percent to $70.84. Target reported better-than-expected earnings for its second quarter, but lowered its full-year profit guidance.
Alliance Data Systems Corporation ADS fell 5.1 percent to $201.10. Credit Suisse downgraded Alliance Data Systems from Neutral to Underperform and lowered the price target from $233.00 to $190.00.
INC Research Holdings Inc INCR shares fell 3.2 percent to $43.94. INC Research reported a secondary offering of 4.5 million shares common stock.
ASML Holding NV (ADR) ASML fell 2.8 percent to $105.01 in pre-market trading. Bank of America downgraded ASML Holding from Buy to Neutral.