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

G-III Apparel Group, LTD. (symbol: GIII) was one of the worst losers of the
trading day today (2016-03-22), losing -19.39%. The number of shares that
changed hands was 7,621,001, or about 18 times the average daily volume in
the stock.
The closing price was $44.52, amounting to a market cap of $2,030,000,000,
about -39.78% off the highest price in the last 12 months. The stock has
been trading at a range between $39.5 and $73.93.
GIII is in the Apparel industry, part of the Consumer Non-Durables sector.
It first went public in 1989.
Looking at its valuation, the stock is now trading at 16.11 times earnings.