Morning Market Losers
Raptor Pharmaceutical Corp (NASDAQ: RPTP) fell 21.26% to $5.48 at 9:50 am. Raptor Pharmaceutical reported that its key drug met the main goal of a late-stage trial.
Eastern Light Capital Incorporated (AMEX: ELC) shares lost 18.13% to $2.89. ELC's trailing-twelve-month operating margin is -864.93%.
Hollysys Automation Technologies Ltd (NASDAQ: HOLI) shares dipped 17.23% to $8.74. Analysts at Roth Capital downgraded HOLI from “buy” to “neutral.”
Eagle Rock Energy Partners LP (NASDAQ: EROCW) dropped 15.50% to $4.36. EROCW has a market capitalization of $439.44 million.
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