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

Kite Pharma, Inc. (symbol: KITE) was one of the worst losers of the trading
day today (2016-07-08), losing -6.85%. The number of shares that changed
hands was 4,978,492, or about 7 times the average daily volume in the stock.
The closing price was $48.53, amounting to a market cap of $2,380,000,000,
about -45.98% off the highest price in the last 12 months. The stock has
been trading at a range between $38.41 and $89.84.
KITE is in the Biotechnology: Biological Products (No Diagnostic
Substances) industry, part of the Health Care sector. It first went public
in 2014.