Mid-Day Losers From December 19: ImmunoGen, NQ Mobile And More
ImmunoGen, Inc. (NASDAQ: IMGN) -43% - Shares are sharply lower following the company’s announcement that Roche has announced top-line results of its Phase III MARIANNE study.
Finish Line Inc (NASDAQ: FINL) -20% - The company reported downbeat financial results and lowered guidance. In addition, Bank of America downgraded Finish Line to Sell.
NQ Mobile Inc (ADR) (NYSE: NQ) -18% - Shares are lower following the company’s announcement of financial results for the first three quarters of 2014.
Teekay Tankers Ltd. (NYSE: TNK) -13% - The company announced a 20 million share offering at an 11 percent discount. In addition, UBS downgraded shares to Neutral.
Ubiquiti Networks Inc (NASDAQ: UBNT) -10% - Analysts at Goldman Sachs initiated coverage at Sell with a $28 price target.
Foot Locker, Inc. (NYSE: FL) -8% - Shares are lower on the heels of Finish Line’s lowered guidance.
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