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10 Biggest Mid-Day Losers For Wednesday

BOOM, RYI, MRCC, TS, NUE, EVOK, PULM, LRMR

 

  • Zafgen Inc (NASDAQ: ZFGN) shares tumbled 50.2 percent to $3.36 after the company reported that it has suspended the development of its obesity drug Beloranib.
  • Evoke Pharma Inc (NASDAQ: EVOK) shares dipped 16 percent to $2.08. Evoke Pharma reported a $4.5 million ATM offering.
  • Entertainment Gaming Asia Inc (NASDAQ: EGT) dropped 15.8 percent to $1.91.
  • Dynamic Materials Corporation (NASDAQ: BOOM) fell 12.2 percent to $10.70 on weak Q2 preliminary results. Dynamic Materials reported preliminary Q2 sales of $41.3 million, compared to $44.7 million reported in the year-ago quarter.
  • Exponent, Inc. (NASDAQ: EXPO) shares dropped 11.6 percent to $51.60 after the company reported downbeat Q2 results.
  • Pulmatrix Inc (NASDAQ: PULM) fell 11.6 percent to $1.97.
  • Ryerson Holding Corp (NYSE: RYI) shares declined 11.3 percent to $14.43. Ryerson priced its 5 million share offering at $15.25 per share.
  • Nucor Corporation (NYSE: NUE) dropped 3.6 percent to $53.73. Bank of America downgraded Nucor from Buy to Neutral.
  • Monroe Capital Corp (NASDAQ: MRCC) shares fell 3.2 percent to $15.42. Monroe Capital reported a public offering of common shares.
  • Tenaris SA (ADR) (NYSE: TS) shares slipped 2.2 percent to $27.05. Goldman Sachs downgraded Tenaris from Buy to Neutral.