$AKRX is one of biggest losers #stocks today. read more:

Akorn, Inc. (symbol: AKRX) was one of the worst losers of the trading day
today (2016-01-12), losing -11.64%. The number of shares that changed hands
was 7,649,288, or about 5 times the average daily volume in the stock.
The closing price was $29.82, amounting to a market cap of $3,400,000,000,
about -47.78% off the highest price in the last 12 months. The stock has
been trading at a range between $19.08 and $57.1.
AKRX is in the Major Pharmaceuticals industry, part of the Health Care
sector.
Looking at its valuation, the stock is now trading at 89.28 times earnings.