Morning Market Losers

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Pain Therapeutics Inc.
PTIE
dipped 47.74% to $2.78 after the company CEO revealed a letter from Pfizer
PFE
of reassessing its endorsement of the Remoxy program. DURECT Corporation
DRRX
fell 41.50% to 0.93 after Durect Corporation announced their update on the Remoxy program. Institutional Financial Markets, Inc.
IFMI
dropped 33.21% to $1.87 after Institutional Financial Markets announced their adoption of the Stock Holder Rights Plan. StarTek, Inc.
SRT
declined 24.83% to $4.45 after StarTek released their first quarterly earnings result for 2013.
Posted In: NewsMovers & ShakersIntraday UpdateMarketsGeneralMorning Market Losers
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