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Morning Market Losers

Related GEVO
Gevo, Inc. (GEVO) Enters Oversold Territory - Tale of the Tape
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Related AVNR
Avanir's AVP-825 under FDA Review - Analyst Blog
Morning Market Movers

Gevo (NASDAQ: GEVO) dropped 25.30% to $1.24 after the company priced an offering of 18.53 million common stock units at a public offering price of $1.35 per unit.

Avanir Pharmaceuticals (NASDAQ: AVNR) plummeted 17.95% to $3.52 after the company reported that phase II PRIME study of investigation drug AVP-923 did not meet primary efficacy endpoint. The company also reported a wider Q4 loss.

Banco Bradesco SA (NYSE: BBDO) dropped 11.20% to $13.32. Banco Bradesco's trailing-twelve-month ROA is 1.34%.

Tonix Pharmaceuticals Holding (NASDAQ: TNXP) dropped 10.04% to $8.12 after the company announced the enrollment of completers from the BESTFIT trial into a 12-month open-label extension study.

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