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

Cato Corporation (The) Class A (symbol: CATO) was one of the worst losers
of the trading day today (2016-10-06), losing -10.19%. The number of shares
that changed hands was 398,962, or about 2 times the average daily volume
in the stock.
The closing price was $29.6, amounting to a market cap of $805,270,000,
about -26.93% off the highest price in the last 12 months. The stock has
been trading at a range between $28.4 and $40.51.
CATO is in the Clothing/Shoe/Accessory Stores industry, part of the
Consumer Services sector.
Looking at its valuation, the stock is now trading at 11.49 times earnings.