Morning Market Losers
TORM A/S (NASDAQ: TRMD) shares dipped 12.16% to $2.6615 at 9:58 am. TORM's trailing-twelve-month ROE is -91.52%.
Central Garden & Pet Co (NASDAQ: CENT) shares lost 9.68% to $10.08. Central Garden & Pet posted a loss of $10.1 million in the quarter ended Sept. 29.
Cobalt International Energy (NYSE: CIE) fell 8.58% to $25.09. Cobalt International Energy priced a registered underwritten public offering of $1,200,000,000 aggregate principal amount of its 2.625% convertible senior notes due 2019.
Concord Medical Services Holdings (NYSE: CCM) dropped 8.50% to $3.66 Concord Medical's trailing-twelve-month profit margin is -37.51%.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.