Morning Market Losers
Cardiome Pharma Corporation (NASDAQ: CRME) shares dipped 44.04% to $1.08 at 9:54 am. CRME reported that Merck has communicated to Cardiome their decision to discontinue further development of the Vernakalant Oral.
WPCS International Incorporated (NASDAQ: WPCS) shares lost 17.18% to $1.35. WPCS reported its Q3 revenue at $20.5 million, down from $21.4 million, in the year-ago period.
Village Bank and Trust Financial Corp (NASDAQ: VBFC) fell 13.33% to $1.43. VBFC's trailing-twelve-month profit margin is -27.71%.
Hastings Entertainment Inc (NASDAQ: HAST) dropped 12.92% to $2.09. HAST posted a Q4 net loss of around $8.4 million, versus net earnings of around $3.8 million, in the year-ago period.
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