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

Advanced Drainage Systems, Inc. (symbol: WMS) was one of the worst losers
of the trading day today (2016-10-06), losing -8.48%. The number of shares
that changed hands was 2,330,057, or about 9 times the average daily volume
in the stock.
The closing price was $21.58, amounting to a market cap of $1,590,000,000,
about -33.6% off the highest price in the last 12 months. The stock has
been trading at a range between $17.72 and $32.5.
WMS is in the Containers/Packaging industry, part of the Capital Goods
sector. It first went public in 2014.
Looking at its valuation, the stock is now trading at 79.93 times earnings.