Benzinga’s Biggest Losers (MVIS, NGD, CMED, EGLE, EXM, DKS, MU)
Microvision, Inc. (NASDAQ: MVIS) plunged 22% to $3.22 huge volume of 4.52 million shares after MVIS announced the pricing of an underwritten public offering of 6.7 million shares of its common stock at a price to the public of $3.00 per share.
New Gold Inc. (USA) (AMEX: NGD) plummeted 19% to $3.52 on 4.48 million shares after it announced that it is cooperating with Mexican government authorities and pursuing all legal appeals after the company was notified that it must suspend mining operations at its Cerro San Pedro Mine, known regionally as Minera San Xavier (MSX).
China Medical Technologies, Inc. (ADR) (NASDAQ: CMED) declined 16.11% to $12.71 on 1.86 million shares after it reported Q2 EPS of $0.10, and revenue for the quarter of $24.3 million. Sees Q310 revs of $24.9 - $26.4 million, versus $24.61 million consensus.
Eagle Bulk Shipping Inc. (NASDAQ: EGLE) plunged 12.18% to $5.93 on 4.78 million shares. So far this year, EGLE is down over 13%.
Excel Maritime Carriers Ltd (NYSE: EXM) declined 10.50% to $7.52 on 2.64 million shares. In the past five trading sessions, the stock is up over 15%.
Dick's Sporting Goods, Inc. (NYSE: DKS) is trading at $22.29, decreased by $2.53 or 10.09% after its fiscal third-quarter income more than tripled, smashing forecasts, as the company said it benefited from consumers buying cold-weather gear earlier this year than last.
Micron Technology, Inc. (NYSE: MU) fell 6.82% to $6.97 on 13.12 million shares. So far this year, MU is up over 160%.
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