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

PriceSmart, Inc. (symbol: PSMT) was one of the worst losers of the trading
day today (2016-07-08), losing -8.91%. The number of shares that changed
hands was 530,207, or about 4 times the average daily volume in the stock.
The closing price was $83.39, amounting to a market cap of $2,490,000,000,
about -19.5% off the highest price in the last 12 months. The stock has
been trading at a range between $68.51 and $103.59.
PSMT is in the Department/Specialty Retail Stores industry, part of the
Consumer Services sector.
Looking at its valuation, the stock is now trading at 27.11 times earnings.