18 Biggest Mid-Day Losers For Friday

  • X T L Biopharmaceuticals Ltd (ADR) XTLB shares tumbled 37.2 percent to $2.25 after the company reported a $2.5 million registered direct offering.
  • ArQule, Inc. ARQL shares declined 21.8 percent to $1.15. ArQule and Daiichi Sankyo disclosed that the METIV-HCC phase 3 study of tivantinib in hepatocellular carcinoma did not meet its primary endpoint.
  • Nova Lifestyle Inc NVFY fell 15.7 percent to $1.18. Nova Lifestyle shares have gained 8.53 percent over the past 52 weeks, while the S&P 500 index has climbed 21.82 percent in the same period.
  • Aoxin Tianli Group Inc ABAC shares declined 15.7 percent to $2.66.
  • Amber Road Inc AMBR dropped 13.4 percent to $8.07. Amber Road reported Q4 adjusted loss of $0.10 per share on revenue of $19.2 million.
  • IMPINJ Inc PI declined 12 percent to $31.12. Impinj reported Q4 adjusted earnings of $0.11 per share on revenue of $33.7 million.
  • Monotype Imaging Holdings Inc. TYPE dropped 11.5 percent to $20.90 after the company posted downbeat quarterly earnings.
  • CIRCOR International, Inc. CIR shares fell 11.5 percent to $63.56. CIRCOR reported Q4 adjusted earnings of $0.48 per share on revenue of $158 million. Stifel Nicolaus downgraded Circor from Buy to Hold.
  • Nu Skin Enterprises, Inc. NUS shares dipped 11.4 percent to $48.86 after the company reported downbeat results for its fourth quarter and issued a weak forecast for the current quarter.
  • Finisar Corporation FNSR declined 8.3 percent to $31.89 following concerning comments from Craig-Hallum.
  • Marchex, Inc. MCHX dropped 8.2 percent to $2.82. Marchex reported Q4 adjusted loss of $0.04 per share on revenue of $28.4 million.
  • Granite Construction Inc. GVA shares declined 7.8 percent to $50.71 on weak quarterly earnings.
  • Hertz Global Holdings, Inc HTZ dropped 7.4 percent to $20.05. Credit Suisse downgraded Hertz Global from Neutral to Underperform.
  • Huron Consulting Group HURN shares fell 5.7 percent to $43.95. Huron agreed to acquire Innosight for $100 million in cash and stock.
  • AEGON N.V. (ADR) AEG declined 4.8 percent to $5.41 after the company posted Q4 results.
  • J M Smucker Co SJM shares fell 4.5 percent to $131.64. Smucker posted in-line earnings for its third quarter, but sales missed expectations. The company also narrowed its FY17 earnings outlook.
  • Build-A-Bear Workshop, Inc BBW dropped 3.2 percent to $9.05. Piper Jaffray downgraded Build-A-Bear from Overweight to Neutral and lowered the price target from $18.00 to $10.50.
  • Mondelez International Inc MDLZ fell 2.1 percent to $42.31 following announcement of rejected Kraft proposal to Unilever.
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