- Stone Energy Corporation SGY shares dropped 43.7 percent to $5.46 after the company reported a comprehensive restructuring support agreement with senior noteholders and agreed to sell its Appalachia assets.
- Supreme Industries, Inc. STS shares tumbled 17.5 percent to $14.81. Supreme Industries reported Q3 earnings of $0.29 per share on revenue of $74.8 million.
- Skechers USA Inc SKX shares declined 17.4 percent to $18.96 after the company reported downbeat results for its third quarter and issued a weak forecast for the fourth quarter.
- Moleculin Biotech Inc MBRX shares dropped 14.8 percent to $3.69 after surging 60.97 percent on Thursday.
- MGP Ingredients Inc MGPI shares declined 14.4 percent to $34.10. MGP Ingredients is estimated to report Q3 results on November 2, 2016.
- First NBC Bank Holding Company FNBC fell 11.9 percent to $7.97. First NBC Bank shares have dropped 74.15 percent over the past 52 weeks, while the S&P 500 index has gained 6.06 percent in the same period.
- Memorial Production Partners LP MEMP dropped 6.4 percent to $1.49. Raymond James downgraded Memorial Production from Market Perform to Underperform.
- Twilio Inc TWLO shares slipped 6.3 percent to $41.38. Twilio priced its 7 million share offering at $40.00 per share.
- Telefonaktiebolaget LM Ericsson ERIC shares declined 6.1 percent to $5.05 following quarterly results. Ericsson's operating profit declined to 0.3 billion Swedish crowns ($33.7 million), versus 5.1 billion crowns in the year-ago quarter. Sales fell 14 percent to 51.1 billion in the quarter.
- Advanced Micro Devices, Inc. AMD shares fell 5.7 percent to $6.57. AMD posted better-than-expected results for its third quarter. However, the company issued disappointing revenue guidance for the current quarter.
- Gastar Exploration Inc GST declined 5 percent to $1.32. FBR Capital downgraded Gastar Exploration from Outperform to Market Perform.
- Moody's Corporation MCO shares dropped 4.3 percent to $103.50. Moody's posted better-than-expected Q3 results and raised its FY16 earnings outlook. The company disclosed that it has received a letter from the Department of Justice on September 29 stating civil complaint will be filed against the company.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: NewsMovers & ShakersIntraday UpdateMarketsBiotechnologyFinancialsHealth CareMid-Day LosersSpecialized FinanceTop Losers
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!
Already a member?Sign in
