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

Ellie Mae, Inc. Common Stock (symbol: ELLI) was one of the worst losers of
the trading day today (2016-01-01), losing -4.32%. The number of shares
that changed hands was 726,641, or about 1 times the average daily volume
in the stock.
The closing price was $60.23, amounting to a market cap of $1,800,000,000,
about -27.36% off the highest price in the last 12 months. The stock has
been trading at a range between $39.29 and $82.92.
ELLI is in the Computer Software: Prepackaged Software industry, part of
the Technology sector. It first went public in 2011.
Looking at its valuation, the stock is now trading at 84.83 times earnings.