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

Inovalon Holdings, Inc. (symbol: INOV) was one of the worst losers of the
trading day today (2016-08-04), losing -27.19%. The number of shares that
changed hands was 5,925,087, or about 11 times the average daily volume in
the stock.
The closing price was $14.03, amounting to a market cap of $2,140,000,000,
about -41.22% off the highest price in the last 12 months. The stock has
been trading at a range between $14.0 and $23.87.
INOV is in the EDP Services industry, part of the Technology sector. It
first went public in 2015.
Looking at its valuation, the stock is now trading at 38.44 times earnings.