Top Midday Decliners
Liberty Defense Holdings (DETX, TSXV: SCAN) began trading on the Nasdaq Capital Market on Wednesday as part of its initial public offering in the US of about 3.67 million common shares, targeting roughly $20 million in gross proceeds.Shares declined 5.4% as intraday trading volume rose to over 1.2 million.TE Connectivity (TEL) shares slumped 12% amid heavy trading after the company reported lower-than-expected fiscal Q2 net sales on Wednesday.More than 4.3 million shares of the company traded intraday compared with a daily average of about 2.2 million.Sonoco Products (SON) reported a year-over-year decline in Q1 adjusted earnings and sales late Tuesday.Shares slumped 17% as intraday trading volume soared to more than 4.3 million from a daily average of about 998,000.Price: $4.26, Change: $-0.24, Percent Change: -5.38%
