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

G-III Apparel Group, LTD. (symbol: GIII) was one of the worst losers of the
trading day today (2016-07-26), losing -8.2%. The number of shares that
changed hands was 3,686,806, or about 6 times the average daily volume in
the stock.
The closing price was $39.43, amounting to a market cap of $1,800,000,000,
about -45.99% off the highest price in the last 12 months. The stock has
been trading at a range between $36.14 and $73.0.
GIII is in the Apparel industry, part of the Consumer Non-Durables sector.
It first went public in 1989.
Looking at its valuation, the stock is now trading at 16.69 times earnings.