12 Biggest Mid-Day Losers For Thursday

OvaScience Inc OVAS shares tumbled 50.4 percent to $1.47 after the company announced plans to reduce workforce by 30 percent and disclosed that its CEO Harald Stock is stepping down.
Aurinia Pharmaceuticals Inc AUPH shares dipped 21.8 percent to $2.13 after the company reported a US$25.0 million bought deal financing.
Lpath Inc LPTN shares fell 16.4 percent to $3.05. Lpath shares have increased 11.61 percent over the past 52 weeks, while the S&P 500 index has gained 11.09 percent in the same period.
Red Hat Inc RHT shares dropped 12.2 percent to $70.07. Red Hat reported upbeat earnings for its third quarter, but sales missed expectations. The company also announced that its CFO Frank Calderoni is stepping down.
AAR Corp. AIR shares declined 8.8 percent to $34.27. AAR reported Q2 earnings from continuing operations of $0.35 per share on revenue of $423.8 million.
Zumiez Inc. ZUMZ fell 8.6 percent to $20.85. B. Riley downgraded Zumiez from Buy to Neutral and lowered the price target from $27.00 to $25.00.
Kirkland's, Inc. KIRK dropped 8.1 percent to $15.29. B. Riley downgraded Kirkland's from Buy to Neutral.
GEE Group Inc JOB shares slipped 8 percent to $4.10 after the company reported consolidated financial results for the fourth quarter and fiscal year. GEE Group posted net income of around $1 million on revenue of $21.8 million.
Delcath Systems, Inc. DCTH shares fell 8 percent to $1.04. Delcath shares have tumbled 87.61 percent over the past 52 weeks, while the S&P 500 index has gained 11.09 percent in the same period.
Bed Bath & Beyond Inc. BBBY declined 6.4 percent to $42.63 after the company reported weaker-than-expected results for its third quarter on Wednesday.
Fred's, Inc. FRED dropped 5.6 percent to $19.21. Fred's shares have climbed 25.23 percent over the past 52 weeks, while the S&P 500 index has gained 11.09 percent in the same period.
Finish Line Inc FINL shares fell 3.8 percent to $20.21. Bank of America downgraded Finish Line from Buy to Neutral, while Canaccord Genuity downgraded the stock from Buy to Hold.