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Afternoon Market Losers

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Insmed Incorp. (NASDAQ: INSM) plunged 14.63% to $10.21 amid a Phase 3 trial of Arikace which met a primary endpoint, but a company slideshow which revealed competitor Novartis's (NYSE: NVS) Tobi drug showed more favorable results.

InterDigital (NASDAQ: IDCC) dropped 12.83% to $38.92 after the company lost 1st round of case against ZTE, Huawei, and Nokia.

TherapeuticsMD (NYSE: TXMD) tumbled 12.54% to $2.65 after the company announced that the company had been added to the 2013 Russell 3000® Index.

News Corp. (NASDAQ: FOXA) dropped 9.88% to $29.37 after the company split its business into two companies.

NTS (NYSE: NTS) dipped 10.78% to $1.40.

Fleetmatics Group PLC (NYSE: FLTX) traded down 3.40% to $32.10 after the company filed to sell 7 million ordinary shares for holders.

Document Security Systems (NYSE: DSS) dropped 13.91% to $1.98 after the company completed its merger with Lexington Technology Group.

Posted-In: News Economics Markets Movers

 

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