Market Overview

Afternoon Market Losers

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Cempra (NASDAQ: CEMP) dipped 13.65 percent to $7.02 after the company proposed public offering of its common stock to its existing shelf registration statement.

Myriad Genetics (NASDAQ: MYGN) dropped 12.52 percent to $28.00 after Bank of America analysts downgraded the stock to Neutral.

Walter Energy (NYSE: WLT) tumbled 14.87 percent to $12.51 after the company withdrew a proposed $1.55 billion loan refinancing due to market conditions.

Capstone Turbine (NASDAQ: CPST) dropped 10.94 percent to $1.14 after the company posted a net loss of $4.1 million on Q4.

Ceres (NASDAQ: CERE) plunged 12.46 percent to $3.73 after a big rally on Thursday.

Celsion (NASDAQ: CLSN) traded down 12.60 percent to $1.31 with a 12 month ROE of -79.88 percent.

American Superconductor (NASDAQ: AMSC) dropped 10.23 percent to $2.38 on less than estimated sales report.

Himax Technologies (NASDAQ: HIMX) dipped 8.03 percent to $5.38 after the company priced 22,086,742 ADSs at $5.25 per ADS by selling shareholder Innolux.

Gannett (NYSE: GCI) traded down 6.41 percent to $24.90 after the company announced that it will enter into an agreement with Belo (NYSE: BLC) in which Gannett will acquire all outstanding shares of Belo for $13.75 per share.

Corinthian Colleges (NASDAQ: COCO) shares are down 7.82 percent to $2.12 following a concerning note from Bank of America on news of an SEC probe Monday afternoon.

Posted-In: News Economics Intraday Update Movers Reviews

 

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