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Rigel Pharmaceuticals, Inc. (NASDAQ: RIGL) shares
dropped 23.1 percent to $2.47 after the company reported results from the second FIT Phase 3 study for fostamatinib. The
company disclosed that the study did not meet primary endpoint.
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Yulong Eco-Materials Ltd (NASDAQ: YECO) shares
declined 20.6 percent to $1.74 after the company disclosed that it has received a notice from the NASDAQ of listing
noncompliance.
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DXP Enterprises Inc (NASDAQ: DXPE) fell 17.9
percent to $23.83. DXP Enterprises reported preliminary revenue of $228 million to $231 million for the third quarter.
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Syntel, Inc. (NASDAQ: SYNT) shares dipped 16.3
percent to $22.13. Syntel reported Q3 GAAP loss of $2.58 per share on revenue of $241 million. Syntel projects FY16 loss of
$0.75 to $0.65 per share, on revenue of $960 million to $970 million.
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Organovo Holdings Inc (NASDAQ: ONVO) shares
dropped 16.1 percent to $2.93 after the company reported an offering of common stock.
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Insteel Industries Inc (NASDAQ: IIIN) tumbled
14.6 percent to $27.80 following Q4 results. Insteel Industries posted Q4 earnings of $0.51 per share on revenue of $103.1
million.
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Flexsteel Industries, Inc. (NASDAQ: FLXS) fell
14.3 percent to $43.24. Flexsteel Industries reported FQ1 profit of $4.8 million on revenue of $112.1 million.
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Select Comfort Corp. (NASDAQ: SCSS) shares
declined 12.1 percent to $18.96 after the company reported weaker-than-expected Q3 results and lowered its FY16 earnings
outlook.
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eBay Inc (NASDAQ: EBAY) declined 11.2 percent to
$28.88. eBay reported upbeat results for its third quarter. However, guidance for the fourth quarter disappointed investors.
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RLI Corp. (NYSE: RLI) dropped 10.2 percent to $61.08
after the company posted downbeat quarterly earnings.
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Trueblue Inc (NYSE: TBI) shares fell 7 percent to
$18.60 after the company reported weak Q3 earnings.
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Consolidated Communications Holdings Inc (NASDAQ: CNSL) dropped 7 percent to $23.32. Stephens & Co. downgraded Consolidated
Communications from Equal-Weight to Underweight.
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BJ's Restaurants, Inc. (NASDAQ: BJRI) shares fell
6.4 percent to $33.41 after the company reported downbeat results for the third quarter.
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Union Pacific Corporation (NYSE: UNP) dropped 5.5
percent to $91.79 on weaker-than-expected quarterly earnings.
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Tractor Supply Company (NASDAQ: TSCO) shares
declined 5.2 percent to $63.88. Tractor Supply posted better-than-expected Q3 earnings.
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Dynegy Inc. (NYSE: DYN) dropped 4.3 percent to
$12.79. RBC Capital downgraded Dynegy from Outperform to Sector Perform.
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Verizon Communications Inc. (NYSE: VZ) shares fell
2.6 percent to $49.09 following mixed results in the third quarter. While adjusted earnings came in above estimates, revenue
missed.
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Tesla Motors Inc (NASDAQ: TSLA) fell 2.3 percent
to $198.94. Tesla announced that all cars, including the lower priced Model 3 sedan, will feature the necessary hardware for
self-driving capabilities.
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