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

Methode Electronics, Inc. Commo (symbol: MEI) was one of the worst losers
of the trading day today (2016-10-18), losing -7.89%. The number of shares
that changed hands was 459,175, or about 2 times the average daily volume
in the stock.
The closing price was $32.1, amounting to a market cap of $1,190,000,000,
about -13.83% off the highest price in the last 12 months. The stock has
been trading at a range between $23.83 and $37.25.
MEI is in the Electrical Products industry, part of the Capital Goods
sector.
Looking at its valuation, the stock is now trading at 14.81 times earnings.