Morning Market Losers
Protalix BioTherapeutics Inc (AMEX: PLX) shares dipped 20.84% to $4.90 at 9:50 am. The US Food and Drug Administration has extended the Prescription Drug User Fee Act (PDUFA) goal date of the New Drug Application (NDA) for taliglucerase alfa to May 1, 2012.
China Medical Technologies Inc (NASDAQ: CMED) dropped 20.71% to $2.68. CMED shares have dropped 70.76% over the past 52 weeks, while the S&P 500 index has gained 2.72% in the same period.
Point.360 (NASDAQ: PTSX) fell 16.51% to $0.91. PTSX's trailing-twelve-month ROE is -6.86%.
Liquidity Services Inc (NASDAQ: LQDT) shares lost 13.10% to $30.25. Liquidity Services reported its Q4 EPS at $0.20, versus analysts' estimates of $0.19.
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