Morning Market Losers (GFRE, WIBC, OPHC, LXK)
Gulf Resources Inc (NASDAQ: GFRE) shares lost 37.40% to $2.41 at 9:55 am. GFRE shares have dropped 66.43% over the past 52 weeks, while the S&P 500 index has gained 10.16% in the same period.
Wilshire Bancorp Inc (NASDAQ: WIBC) fell 20.95% to $4.00. WIBC reported a Q1 net loss of $52.1 million, versus a net income of $2.4 million, in the year-ago period.
OptimumBank Holdings Inc (NASDAQ: OPHC) shares dipped 16.66% to $2.0460. OPHC's trailing-twelve-month ROE is -127.30%.
Lexmark International Inc (NYSE: LXK) dropped 15.51% to $32.35. LXK reported downbeat Q1 earnings.
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