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

Semiconductor Manufacturing In (symbol: SMI) was one of the worst losers
of the trading day today (2016-08-31), losing -7.19%. The number of shares
that changed hands was 275,176, or about 3 times the average daily volume
in the stock.
The closing price was $5.42, amounting to a market cap of $596,200,000,
about -7.35% off the highest price in the last 12 months. The stock has
been trading at a range between $3.84 and $5.85.
SMI is in the Semiconductors industry, part of the Technology sector. It
first went public in 2004.
Looking at its valuation, the stock is now trading at 18.07 times earnings.