18 Biggest Mid-Day Losers For Wednesday

• Babcock & Wilcox Enterprises Inc (NYSE: BW) shares dipped 40.4 percent to $9.83. Babcock & Wilcox reported Q4 adjusted loss of $1.60 per share on revenue of $380 million. KeyBanc downgraded Babcock & Wilcox from Overweight to Sector Weight.
• Impax Laboratories Inc (NASDAQ: IPXL) shares dropped 28.4 percent to $10.20. Impax Labs reported Q4 adjusted earnings of $0.16 per share on revenue of $198.4 million.
• Oasmia Pharmaceutical AB (NASDAQ: OASM) shares fell 22.8 percent to $1.80.
• Palo Alto Networks Inc (NYSE: PANW) declined 22.4 percent to $117.94. Palo Alto posted upbeat Q2 earnings, but sales missed expectations. The company also issued a weak forecast for the current quarter.
• CyberOptics Corporation (NASDAQ: CYBE) shares dropped 21 percent to $27.20. CyberOptics reported Q4 earnings of $0.85 per share on sales of $13.45 million. The company also issued a weak sales forecast for the first quarter.
• American Public Education, Inc. (NASDAQ: APEI) shares fell 18.2 percent to $19.75 after the company reported downbeat quarterly earnings.
• Etsy Inc (NASDAQ: ETSY) tumbled 15.3 percent to $10.27. Etsy reported a Q4 GAAP loss of $0.16 per share.
• Pra Group Inc (NASDAQ: PRAA) declined 13.4 percent to $35.33 on wider-than-expected quarterly loss.
• XO Group Inc (NYSE: XOXO) dropped 11.6 percent to $16.29. XO Group posted adjusted earnings of $0.12 per share for its fourth quarter. Stifel Nicolaus downgraded XO Group from Buy to Hold.
• Kewaunee Scientific Corporation (NASDAQ: KEQU) declined 11.5 percent to $22.35 after the company reported Q3 results.
• American Eagle Outfitters (NYSE: AEO) shares fell 10.3 percent to $14.22. American Eagle posted upbeat Q4 earnings, but issued a weak forecast for the current quarter.
• Qumu Corp (NASDAQ: QUMU) shares dropped 10.2 percent to $1.94. Qumu reported a Q4 loss of $0.04 per share on revenue of $9.3 million. The company also issued a weak forecast.
• Enphase Energy Inc (NASDAQ: ENPH) shares declined 10.1 percent to $1.61 as the company posted weak Q4 results.
• Ideal Power Inc (NASDAQ: IPWR) dropped 8.8 percent to $2.60. Ideal Power posted a quarterly loss of $0.29 per share .
• Best Buy Co Inc (NYSE: BBY) fell 4 percent to $42.36. Best Buy reported better-than-expected earnings for its fourth quarter, but sales missed estimates. The company also issued weak earnings forecast for the current quarter.
• Ambarella Inc (NASDAQ: AMBA) shares fell 3.5 percent to $56.87. Ambarella reported upbeat results for its fourth quarter, but issued a weak sales forecast for the current quarter.
• Ross Stores, Inc. (NASDAQ: ROST) dropped 3 percent to $66.70. Ross Storesreported upbeat results for its fourth quarter, but issued a downbeat forecast. The company announced a $1.75 billion buyback plan and raised its quarterly dividend. Citigroup downgraded Ross Stores from Buy to Neutral.
• Sarepta Therapeutics Inc (NASDAQ: SRPT) shares fell 2 percent to $30.53 despite posting a smaller loss than analysts predicted and topping sales estimates.

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