Morning Market Losers
Eastern Virginia Bankshares Inc (NASDAQ: EVBS) shares dipped 22.73% to $2.38 at 9:50 am. EVBS' PEG ratio is -2.63.
Molycorp Inc (NYSE: MCP) dropped 14.43% to $45.36. Analysts at JP Morgan downgraded from “overweight” to “neutral.” The target price for Molycorp has been lowered from $105 to $66.
HealthSouth Corporation (NYSE: HLS) fell 14.35% to $15.40. HealthSouth is scheduled to host a conference call at 4:30 p.m. ET on September 21, 2011, to discuss the potential impact of President Obama's inpatient rehabilitation-related proposals in his Plan for Economic Growth and Deficit Reduction.
Ameritrans Capital Corporation (NASDAQ: AMTCP) shares lost 12.03% to $7.90. AMTCP's 52-week trading range is $6.17-$11.06.
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