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

Piper Jaffray Companies Common (symbol: PJC) was one of the worst losers of
the trading day today (2016-04-28), losing -16.47%. The number of shares
that changed hands was 441,642, or about 3 times the average daily volume
in the stock.
The closing price was $40.68, amounting to a market cap of $607,190,000,
about -21.8% off the highest price in the last 12 months. The stock has
been trading at a range between $31.66 and $52.02.
PJC is in the Investment Bankers/Brokers/Service industry, part of the
Finance sector.
Looking at its valuation, the stock is now trading at 12.18 times earnings.