10 Biggest Mid-Day Losers For Thursday

  • DragonWave, Inc.(USA) DRWI shares dropped 14.7 percent to $0.930. DragonWave reported a Q1 loss of $0.52 per share on revenue of $9 million.
  • XCel Brands Inc XELB shares fell 8.8 percent to $3.10.
  • TESARO Inc TSRO shares dropped 7.7 percent to $127.66. Tesaro’s sale process is unlikely to result in a deal, according to CNBC's David Faber.
  • Amicus Therapeutics, Inc. FOLD shares declined 7 percent to $12.25. Amicus Therapeutics reported a $225 million public offering of common stock.
  • Catalyst Pharmaceuticals Inc CPRX shares dipped 6.5 percent to $2.92. Catalyst Pharma announced a $150 million mixed securities shelf offering.
  • Arena Pharmaceuticals, Inc. ARNA shares declined 6.4 percent to $23.75 after dropping 2.46 percent on Wednesday.
  • Pieris Pharmaceuticals Inc PIRS shares dropped 5.2 percent to $5.63.
  • ARC Group WorldWide Inc ARCW shares declined 5.2 percent to $2.75.
  • Seagate Technology PLC STX shares fell around 4.6 percent to $37.87. Barclays downgraded Seagate from Equal-Weight to Underweight.
  • Silgan Holdings Inc. SLGN dropped 3.2 percent to $31.11. Goldman Sachs downgraded Silgan from Neutral to Sell.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In:
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!