Market Overview

Morning Market Losers

Related ATHX
Athersys' MultiStem Promotes Recovery After Acute Spinal Cord Injury in Preclinical Study
Athersys, Chugai End License Agreement For Exclusive Development, Commercialization of Multistem Cell Therapy for Ischemic Stroke in Japan
Related OGXI
OncoGenex Announces EMA Support for Phase 3 AFFINITY Trial Protocol Amendment
OncoGenex Announces Completion of Patient Enrollment in Borealis-2™ Clinical Trial Evaluating Apatorsen in Relapsed or Refractory Metastatic Bladder Cancer

Athersys (NASDAQ: ATHX) shares tumbled 55.99% to $1.20 on failed trial results for ulcerative colitis.

OncoGenex Pharmaceuticals (NASDAQ: OGXI) dipped 53.61% to $4.50 after the company and Teva Pharmaceutical Industries (NYSE: TEVA) offered top-line survival results of the Phase III SYNERGY trial for combo with first-line docetaxel/prednisone therapy.

Eltek (NASDAQ: ELTK) declined 19.87% to $1.73 after the company reported Q4 earnings of $0.39 per share on revenue of $12.70 million.

POZEN (NASDAQ: POZN) declined 15.66% to $7.70 following Friday's Complete Response Letter from the FDA.

New Oriental Education & Technology Group (NYSE: EDU) shares dropped 11.35% to $23.03 after the company reported FQ3 results. New Oriental's quarterly net income surged 50.2% y/y to US$42.1 million versus US$28.0 million. (NASDAQ: SOHU) fell 7.91% to $53.41 after the company reported a Q1 adjusted loss of $1.26 per share on revenue of $365.0 million.

Newmont Mining (NYSE: NEM) shares slipped 6.01% to $24.86 after the company terminated its merger talks with Barrick Gold (NYSE: ABX).

Bank of America (NYSE: BAC) shares slipped 4.83% to $15.18 following news from the company the Board will be suspending the previously announced capital actions and resubmit the 2014 capital plan.

Mylan (NASDAQ: MYL) tumbled 4.15% to $49.94 after Meda's board rejected Mylan proposal. (NASDAQ: CYOU) shares slipped 3.94% to $25.60 after the company reported a Q1 loss $0.37 per share on revenue of $180.80 million.

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