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10 Biggest Mid-Day Losers For Wednesday

  • Bonanza Creek Energy Inc BCEI 36.4% shares dropped 40.8 percent to $1.35. Bonanza Creek Energy has retained Perella Weinberg Partners to advise the company and assist in analyzing and evaluating financial and transactional alternatives, including restructuring options.
  • Michaels Companies Inc MIK 7.17% shares dropped 7.6 percent to $26.69. Michaels Companies reported an offering of 11 million shares via selling holders. The company now expects Q2 results in the lower-to-middle range of its earlier disclosed outlook.

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