Morning Market Losers
Zogenix (NASDAQ: ZGNX) shares dipped 44.07% to $1.32 at 10:00 am. A Food and Drug Administration panel voted against the approval of ZohydroTM ER (hydrocodone bitartrate extended-release capsules).
Technical Communications (NASDAQ: TCCO) shares lost 13.39% to $4.85. Technical Communications reported a net loss of $841,000 for the fiscal year ended September 29, 2012.
Good Times Restaurants (NASDAQ: GTIM) dropped 12.04% to $2.41. Good Times Restaurants' trailing-twelve-month ROE is -39.64%.
Sonic Foundry (NASDAQ: SOFO) fell 11.31% to $6.04. Sonic Foundry shares have dropped 12.13% over the past 52 weeks, while the S&P 500 index has gained 14.69% in the same period.
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