G-III Apparel Group, Ltd. GIII shares were also up, gaining 24% to $23.39 after the company reported upbeat Q2 earnings. Equities Trading DOWN Mallinckrodt PLC MNK shares tumbled 37% to $1.64 after Bloomberg reported that the company is exploring options that include a possible bankruptcy filing, ahead of a trial in Cleveland coming up next month. The company has reportedly hired law firm Latham & Watkins and turnaround firm AlixPartners to assist in tackling the legal onslaught. BMO Capital also downgraded the stock from Outperform to Market Perform.