15 Biggest Mid-Day Losers For Thursday

• Cerulean Pharma Inc (NASDAQ: CERU) shares dipped 27 percent to $0.817. Cerulean Pharma shares have dropped 60.28 percent over the past 52 weeks, while the S&P 500 index has gained 15.31 percent in the same period.
• Tandem Diabetes Care Inc (NASDAQ: TNDM) shares tumbled 24.2 percent to $1.17. Tandem Diabetes Care priced 18 million share offering at $1.25 per share.
• Alphatec Holdings Inc (NASDAQ: ATEC) shares fell 21.1 percent to $2.10 as the company reported a $18.9 million private placement.
• Heat Biologics Inc (NASDAQ: HTBX) shares dropped 15.5 percent to $0.870. Heat Biologics priced its 5 million share offering at $0.80 per share.
• Rave Restaurant Group Inc (NASDAQ: RAVE) shares fell 15 percent to $1.76.
• QuickLogic Corporation (NASDAQ: QUIK) shares declined 12.2 percent to $1.58. QuickLogic priced its 10 million share offering at $1.50 per share.
• Orion Engineered Carbons SA (NYSE: OEC) shares dropped 9.5 percent to $19.10. Orion Engineered Carbons reported a 5 million common stock secondary offering.
• Interpace Diagnostics Group Inc (NASDAQ: IDXG) shares fell 8.7 percent to $2.61 after the company reported debt restructuring and agreed to eliminate its royalty and milestone obligations.
• Ultragenyx Pharmaceutical Inc (NASDAQ: RARE) declined 7.4 percent to $72.56 after the company reported topline data from Phase 2 UXOO7 study. The trial did not meet primary endpoint. PiperJaffray downgraded Ultragenyx Pharmaceutical from Overweight to Neutral.
• Proofpoint Inc (NASDAQ: PFPT) shares declined 5.1 percent to $75.13. Goldman Sachs downgraded Proofpoint from Neutral to Sell.
• Pulmatrix Inc (NASDAQ: PULM) shares fell 5.1 percent to $3.70 after rising 0.52 percent on Wednesday.
• Bellicum Pharmaceuticals Inc (NASDAQ: BLCM) fell 4.5 percent to $13.73. Bellicum Pharmaceuticals reported a proposed public offering of 5 million shares of common stock.
• Cherry Hill Mortgage Investment Corp (NYSE: CHMI) declined 4.2 percent to $17.60 as the company reported a 4.5 million share offering.
• Merit Medical Systems, Inc. (NASDAQ: MMSI) declined 4 percent to $28.42. Merit Medical priced 4.5 million share public offering of common stock at $28.25 per share.
• Centene Corp (NYSE: CNC) shares fell 3.2 percent to $65.86. Citi downgraded Centene from Buy to Neutral.

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