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

Inteliquent, Inc. (symbol: IQNT) was one of the worst losers of the trading
day today (2016-08-02), losing -20.54%. The number of shares that changed
hands was 1,978,876, or about 5 times the average daily volume in the stock.
The closing price was $16.6, amounting to a market cap of $565,730,000,
about -28.45% off the highest price in the last 12 months. The stock has
been trading at a range between $14.56 and $23.2.
IQNT is in the Telecommunications Equipment industry, part of the Public
Utilities sector.
Looking at its valuation, the stock is now trading at 15.66 times earnings.