Morning Market Losers
Actions Semiconductor Co (NASDAQ: ACTS) shares declined 16.39% to $1.99 after the company lowered its Q2 revenue forecast.
IntelliPharmaCeutics International (NASDAQ: IPCI) shares fell 14.36% to $3.34 on Q2 results. IntelliPharmaCeutics posted a loss from operations of $3.1 million, versus a loss from operations of $1.8 million.
Eagle Bulk Shipping (NASDAQ: EGLE) shares fell 8.63% to $2.54.
Camtek (NASDAQ: CAMT) shares tumbled 8.37% to $4.60 after jumping 56.87% on Monday.
The Fresh Market (NASDAQ: TFM) fell 6.63% to $30.50. Analysts at Goldman Sachs downgraded Fresh Market from Neutral to Sell.
Sino-Global Shipping America (NASDAQ: SINO) shares slipped 6.40% to $1.90 after the company announced its plans to buy ship management company from Qingdao Zhenghe Shipping.
SeaDrill (NYSE: SDRL) shares fell 4.92% to $37.65. Seadrill launched $1 billion 2019 convertible bond concurrently with a voluntary incentive payment offer to convert the existing $650 million 3.375% 2017 convertible bond.
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