Morning Market Losers

Endocyte Inc (NASDAQ: ECYT) shares dipped 61.61% to $3.95 at 9:50 am. ECYT announced the results of supplemental analyses of its Phase 2b PRECEDENT trial.

The Pantry Inc (NASDAQ: PTRY) shares lost 15.84% to $9.99. Pantry reported weaker-than-expected fourth-quarter results.

China Medical Technologies Inc (NASDAQ: CMED) dropped 14.55% to $2.82. CMED reported that the company intends to implement a debt restructuring plan.

Ivanhoe Mines Ltd (NYSE: IVN) fell 14.49% to $17.70. IVN reported that it has received a decision in the arbitration between Ivanhoe and Rio Tinto.