$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 (2016-03-30), losing -6.71%. The number of shares
that changed hands was 2,450,724, or about 7 times the average daily volume
in the stock.
The closing price was $20.86, amounting to a market cap of $1,120,000,000,
about -37.32% off the highest price in the last 12 months. The stock has
been trading at a range between $17.72 and $33.28.
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 80.23 times earnings.