10 Biggest Mid-Day Losers For Wednesday

Bonanza Creek Energy Inc BCEI shares dropped 40.8 percent to $1.35. Bonanza Creek Energy has retained Perella Weinberg Partners to advise the company and assist in analyzing and evaluating financial and transactional alternatives, including restructuring options.
Avinger Inc AVGR shares dipped 38.5 percent to $7.03 after the company cut its FY16 sales outlook.
SemiLEDs Corporation LEDS shares dropped 18.7 percent to $6.60 following Q2 earnings report. SemiLEDS reported a Q3 loss of $1.06 per share on revenue of $2.4 million.
Helix Energy Solutions Group Inc HLX shares tumbled 10.1 percent to $7.12. Helix Energy Solutions is expected to report its Q2 financial and operational results on July 19, 2016.
FreightCar America, Inc. RAIL fell 8.3 percent to $14.14. Stifel Nicolaus downgraded FreightCar America from Buy to Hold.
AAR Corp. AIR shares declined 8.1 percent to $23.01 as the company posted weaker-than-expected earnings for its fourth quarter on Tuesday.
Michaels Companies Inc MIK shares dropped 7.6 percent to $26.69. Michaels Companies reported an offering of 11 million shares via selling holders. The company now expects Q2 results in the lower-to-middle range of its earlier disclosed outlook.
GW Pharmaceuticals PLC- ADR GWPH shares declined 5.7 percent to $91.55. GW Pharma priced its 2.8 million offering at $90 per ADS.
Yelp Inc YELP shares declined 4.8 percent to $28.94. Wells Fargo downgraded Yelp from Market Perform to Underperform.
Host Hotels and Resorts Inc HST shares slipped 4.7 percent to $16.35. P Morgan downgraded Host Hotels & Resorts from Neutral to Underweight.