10 Biggest Mid-Day Losers For Monday

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  • Cerecor Inc CERC shares tumbled 19.4 percent to $1.41 after the company disclosed that its CERC-501 Phase 2 study did not meet primary objective.
  • Hudson Technologies, Inc. HDSN shares dropped 16.1 percent to $6.68 after the company announced a $45 million offering of its common stock and an additional $4 million offering by selling shareholders.
  • Euroseas Ltd. ESEA shares fell 13.6 percent to $1.89. Euroseas shares have declined 25.00 percent over the past 52 weeks, while the S&P 500 index has increased 5.53 percent in the same period.
  • Agios Pharmaceuticals Inc AGIO dropped 13.1 percent to $49.53 after the company reported a new data from AG-348 and AG-519 demonstrating the potential for the first disease-modifying treatment for patients with PK deficiency at the ASH 2016.
  • Superconductor Technologies, Inc. SCON shares declined 12.8 percent to $2.25.
  • Global Blood Therapeutics Inc GBT dropped 9.2 percent to $17.35. Global Blood Therapeutics shares have dropped 43.71 percent over the past 52 weeks, while the S&P 500 index has gained 5.53 percent in the same period.
  • Lucas Energy, Inc. LEI shares declined 8.3 percent to $1.32.
  • Tailored Brands Inc TLRD fell 6.4 percent to $18.00. Deutsche Bank downgraded Tailored Brands from Buy to Hold and lowered the price target from $22.00 to $21.00.
  • Tanzanian Royalty Exploration Corp TRX shares declined 5.1 percent to $0.445. Gold futures dropped 1.4 percent to trade at $1,161.50 an ounce.
  • Kinross Gold Corporation (USA) KGC dropped 2 percent to $3.41. Citigroup downgraded Kinross Gold from Neutral to Sell.
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