Morning Market Losers
ChinaCast Education (OTC: CAST) fell 87.03% to $0.55 at 9:42 am. ChinaCast Education shares have dropped 14.00% over the past 52 weeks, while the S&P 500 index has gained 4.29% in the same period.
Ventrus Biosciences (NASDAQ: VTUS) shares dipped 54.81% to $5.54. Ventrus Biosciences announced results from pivotal Phase 3 trial of Iferanserin in patients with hemorrhoidal disease.
GeoEye (NASDAQ: GEOY) dropped 25.25% to $13.71. Analysts at Benchmark Co downgraded GeoEye from “buy” to “hold.”
Momenta Pharmaceuticals (NASDAQ: MNTA) shares lost 17.70% to $14.00. Momenta Pharmaceuticals shares have dropped 13.52% over the past 52 weeks, while the S&P 500 index has gained 4.29% in the same period.
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