Benzinga’s Biggest Losers (TTWO, SWHC, STE, BCON, ZIOP)

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) has plunged 29.67% to $7.68 on 32 million shares after Take-Two warned its fiscal fourth-quarter results will miss expectations as the videogame maker put particular blame on its baseball games.

Smith & Wesson Holding Corporation (NASDAQ: SWHC) fell 17.65% to $4.34 on 4.70 million shares. Today, Smith & Wesson swung to a fiscal second-quarter profit on prior-year impairment charges and strong consumer demand for firearms. The company’s fiscal third-quarter revenue target missed expectations.

Steris Corporation (NYSE: STE) is trading lower by 13.72% to $28.74 U.S. regulators said on Friday that they might take action against Steris Corp for continued marketing of its unapproved System 1 Processor and warned that the SS1 might not adequately sterilize or disinfect medical devices.

Beacon Power Corp. (NASDAQ: BCON) shares have declined 20.31% to $0.510 after Beacon Power Corporation announced that it has priced an underwritten public offering of 38.1 million units at a price to the public of $0.544 per unit.

ZIOPHARM Oncology Inc. (NASDAQ: ZIOP) fell 19.40% to $2.95 after ZIOPHARM Oncology Inc. announced the pricing of its previously announced underwritten public offering of 15,484,000 shares of its common stock and warrants to purchase 7,742,000 shares of its common stock at a public offering price of $3.10 per unit.