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

Memorial Resource Development C (symbol: MRD) was one of the worst losers
of the trading day today (2016-02-24), losing -17.32%. The number of shares
that changed hands was 11,738,493, or about 5 times the average daily
volume in the stock.
The closing price was $8.45, amounting to a market cap of $1,630,000,000,
about -60.83% off the highest price in the last 12 months. The stock has
been trading at a range between $8.3 and $21.57.
MRD is in the Oil & Gas Production industry, part of the Energy sector. It
first went public in 2014.
Looking at its valuation, the stock is now trading at 6.62 times earnings.