Morning Market Losers
Syntroleum Corporation (NASDAQ: SYNM) dipped 25.76% to $1.47 at 9:55 am. SYNM announced pricing of underwritten public offering of 15,900,000 shares of its common stock.
Cell Therapeutics Inc (NASDAQ: CTIC) shares dropped 14.80% to $1.67. CTIC entered into an agreement to sell $30M of shares of its Series 13 Preferred Stock and warrants.
Southern Community Financial Corp (NASDAQ: SCMF) fell 10.50% to $1.28. SCMF's trailing-twelve-month profit margin is -54.97%.
China Distance Education Holdings Limited (NYSE: DL) shares moved down 9.39% to $2.99. DL's trailing-twelve-month ROE is -2.97%.
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