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DryShips Inc. (NASDAQ: DRYS) shares dipped 67.7
percent to $23.56. DryShips announced a registered direct offering to raise roughly $20 million. The company says the cash will
be used to pay down some of its massive debt load. In addition to the $20 million, the company says it may receive up to an
additional $80 million if all preferred warrants associated with the offering are exercised.
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Globus Maritime Ltd (NASDAQ: GLBS) shares tumbled
43.8 percent to $8.00 after jumping 188.06 percent on Wednesday.
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Diana Containerships Inc (NASDAQ: DCIX) shares
dropped 39 percent to $7.90 after gaining 109.45 percent on Wednesday.
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Euroseas Ltd. (NASDAQ: ESEA) shares fell 36.9
percent to $3.06 after gaining 11.24 percent on Wednesday.
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Seanergy Maritime Holdings Corp. (NASDAQ: SHIP)
dropped 34.7 percent to $4.70.
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Lucas Energy, Inc. (NYSE: LEI) shares fell 23.7
percent to $1.45 after announcing an offering of up to 6 million shares by selling shareholder.
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Eagle Bulk Shipping Inc (NASDAQ: EGLE) shares
declined 22.6 percent to $7.11.
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Stein Mart, Inc. (NASDAQ: SMRT) dropped 20
percent to $5.45 after the company reported weak results for its third quarter.
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Genco Shipping & Trading Limited (NYSE: GNK) shares
declined 19.5 percent to $9.30.
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TOP SHIPS Inc (NASDAQ: TOPS) shares fell 19.7
percent to $4.89 after jumping 12.99 percent on Wednesday.
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Sanchez Production Partners LP (NYSE: SPP) declined
17.6 percent to $10.90. Sanchez Production Partners priced its 6.55M share offering at $11 per share.
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Stage Stores Inc (NYSE: SSI) shares dropped 16.2
percent to $4.86 as the company reported a wider-than-expected Q3 loss and issued a weak earnings forecast for the current
quarter.
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Crown Crafts, Inc. (NASDAQ: CRWS) shares fell 7.2
percent to $8.75. Wunderlich downgraded Crown Crafts from Buy to Hold.
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Performance Food Group Co (NYSE: PFGC) dropped 5.2
percent to $22.80. Performance Food Group priced secondary offering of 10 million shares at $22.85 per share.
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First Solar, Inc. (NASDAQ: FSLR) shares fell 5.1
percent to $31.15 after the company announced plans to cut 27 percent of its global workforce and issued a weak sales forecast
for 2017. However, the company raised its adjusted profit guidance for 2016.
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Cisco Systems, Inc. (NASDAQ: CSCO) shares
declined 5.1 percent to $29.97. Cisco reported upbeat earnings for its fiscal first quarter, but issued a weak outlook for the
current quarter.
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Ellie Mae Inc (NYSE: ELLI) shares dropped 4.6
percent to $82.51. RBC Capital downgraded Ellie Mae from Outperform to Sector Perform.
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Wal-Mart Stores, Inc. (NYSE: WMT) fell 3.9 percent
to $68.61 after the company reported third quarter results. Wal-Mart said it earned $0.98 per share in the quarter on revenue
of $117.2 billion. Analysts were expecting the company to earn $0.96 per share on revenue of $118.7 billion.
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SunPower Corporation (NASDAQ: SPWR) shares fell
3.5 percent to $6.91 following guidance from First Solar. Baird downgraded SunPower from Outperform to Neutral and lowered the
price target from $12.00 to $7.00.
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Planet Fitness Inc (NYSE: PLNT) shares fell 2.8
percent to $23.45. Planet Fitness reported a secondary offering of 15 million shares via selling holders.
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