Market Overview

Morning Market Losers

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Brightcove Hits The Shoals On Weak Outlook, Raft Of Downgrades
Stocks Hitting 52-Week Lows

Select Comfort (NASDAQ: SCSS) dropped 18.30% to $17.44 on weak Q4 guidance.

Brightcove (NASDAQ: BCOV) plummeted 18.29% to $11.91 after the company announced its plans to acquire substantially all the assets of Unicorn Media in a cash-stock deal worth around $49 million.

BG Medicine (NASDAQ: BGMD) dropped 11.33% to $1.33. BG Medicine shares have dropped 43.40% over the past 52 weeks, while the S&P 500 index has gained 25.27% in the same period.

Sarepta Therapeutics (NASDAQ: SRPT) dropped 10.13% to $18.37 after Citigroup downgraded the stock from Neutral to Sell.

Posted-In: market losersNews Movers & Shakers Intraday Update Markets

 

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