RAD highlights the morning’s biggest stock losers with shares down over 8% in early trading Thursday. SMTC and CIE shares were also in the red today, both down over 9% to start off the day.
Here are today’s biggest stock losers.
Biggest Stock Losers
Rite Aid (RAD, -8%): The pharmaceutical giant exceeded its financial expectations for the fiscal year with third-quarter earnings rising 16% on continued sales growth. However, these impressive results didn’t stop RAD stock from being one of the day’s biggest stock losers with shares down 8% in early trading Thursday.
Icici Bank (ICI, -5%): ICI stock is down 5% after enjoying a three-month period of growth.
Gold Fields (GFI, -4%): GFI continues to struggle with shares down 76% YTD after suffering a 4% dip on Thursday.