Morning Market Losers
Neostem Inc (AMEX: NBS) dipped 23.48% to $1.01 at 9:55 am. NBS priced an underwritten public offering of 13,750,000 units at $1.20 per unit.
Star Bulk Carriers Corp (NASDAQ: SBLK) fell 17.91% to $1.65. SBLK intends to offer and sell 16,500,000 common shares in an underwritten public offering.
Dyax Corp (NASDAQ: DYAX) shares moved down 14.07% to $1.71. DYAX's trailing-twelve-month ROE is -914.62%.
Avery Dennison Corporation (NYSE: AVY) shares dropped 11.03% to $33.64. Analysts at Robert W. Baird downgraded AVY from “outperform” to “neutral.”
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