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

Impax Laboratories, Inc. (symbol: IPXL) was one of the worst losers of the
trading day today (2016-11-09), losing -20.45%. The number of shares that
changed hands was 6,547,419, or about 6 times the average daily volume in
the stock.
The closing price was $14.0, amounting to a market cap of $997,250,000,
about -68.89% off the highest price in the last 12 months. The stock has
been trading at a range between $13.35 and $45.0.
IPXL is in the Major Pharmaceuticals industry, part of the Health Care
sector.
Looking at its valuation, the stock is now trading at 29.66 times earnings.