Market Overview

Afternoon Market Losers for July 2, 2013

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Achillion Pharmaceuticals (NASDAQ: ACHN) plunged 25.48% to $6.23 after an FDA study on the company's drug Sovarprevir was placed on hold.

Hudson Technologies (NASDAQ: HDSN) tumbled 23.81% to $2.40 to reach a new 52-week low of $2.32 after the company reported preliminary Q2 results.

Linn Energy (NASDAQ: LINE) tumbled 16.89% to $27.67 on JP Morgan downgrade and announcement of informal SEC inquiry.

B2Gold Corp. (NYSE: BTG) dipped 15.56% to $2.17 B2Gold's trailing-twelve-month ROE is 3.65%.

Zep (NYSE: ZEP) dropped 16.32% to $13.84 after the company reported downbeat Q3 guidance profit.

Linn Co. (NASDAQ: LNCO) plunged 15.97% to $31.05 after Berry Petroleum (NYSE: BRY) reported late Monday the SEC is inquiring into the potential Berry, LinnCo deal.

Ferro Corp. (NYSE: FOE) traded down 10.49% to $6.27 after its CEO said Ferro never responded to a takeover offer and that the company would look for elsewhere for a potential M&A.

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