Natus Medical Inc (NASDAQ:BABY), is on the list of stocks taking a tumble Wednesday after posting a loss of $11.6 million on a GAAP basis in its fourth quarter on sales of $141 million. On an adjusted basis, its earnings came in at $0.43 per share. Based in Pleasanton, California, Natus makes medical devices for the screening, treatment and monitoring of medical conditions in newborn babies.
Shares fell 15.6% to $25.22
Veoneer Inc (NYSE:VNE) is another laggard after the Swedish auto parts company saw its sales slip in the fourth quarter to $535 million from $593 million in the year-ago period. The Stockholm-based company also saw its net loss shrink to $119 million from $256 million over the same period. The group manufactures auto safety electronics products such as radars, cameras with driver assist systems and night vision technology.
The stock slipped 1.62% to $28.47
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Rounding up the list of underperformers is ACCO Brands (NYSE:ACCO), which missed the Street’s expectations in its latest quarter. The maker of office supplies reported fourth-quarter net income of $35 million, adjusted earnings of $0.41 per share and revenue of $529.3 million. Analysts had called for the Lake Zurich, Illinois-based company to earn $0.43 per share on sales of $553.36 million. The company makes school notebooks and calendars as well as storage and organization products.
Shares dipped 4% to $8.81.
On the roster of stand-outs, meanwhile, is Lattice Semiconductor Corporation (NASDAQ:LSCC), which Baird Equity Research analyst Tristan Gerra calls his “top small-cap idea” for 2019. Gerra’s public praise and his move to raise his price target on the stock to $10 from $9 while sticking to an Outperform rating comes after the Oregon semiconductor posted adjusted earnings of $0.08 per share on sales of $96 million in its fourth quarter.
The stock added 22% to hit $9.99.