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Friday’s Biggest Stock Losers: TIBX, RAD, and More

KMX and OXBT also among the day's bgigest stock losers


RAD is one of the morning’s biggest stock losers for the second day in a row. However, no one had a tougher morning than TIBX with shares down more than 14%.

biggest stock losersThese were only two of the many companies that posted losses in early trading Friday … even as the broader market posted gains.

Here are Friday’s biggest stock losers.

Biggest Stock Losers

Tibco Software (TIBX, -14%): TIBX stock fell 14% after the company announced its current quarter expectations which are much lower than Wall Street projections.

Carmax (KMX, -9%): KMX shares are down 9% after the company announced that third-quarter profits are up more than 12%.

Oxygen Biotherapeutics (OXBT, -7%): OXBT stock was up 28% yesterday afternoon after announcing that it would be part of Phase III patient testing for a cardiac surgery drug. However, Oxygen Biotherapeutics today are one of the day’s biggest stock losers with shares down 7%.

Interdigital (IDCC, -6%): IDCC stock is down 6% following the company’s loss of a patent infringement case against Nokia and Huawei.

Rite Aid (RAD, -6%): Rite Aid is one of the day’s biggest stock losers for the second day in a rown with shares down 6%.

Fastenal Company (FAST, -5%): FAST stock is down 5% following the company’s announcement that its fourth-quarter earnings will miss expectations.

Article printed from InvestorPlace Media,

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