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Morning Market Losers

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Stocks Hitting 52-Week Lows
Morning Market Losers
Related PIP
PharmaAthene Announces Plan To Realign Operational Resources
PharmAthene Announces U.S. Bankruptcy Court Partially Lifts Litigation Stay To Permit Delaware Court To Proceed Towards Final Judgment

SIGA Technologies (NASDAQ: SIGA) shares fell 36.13% to $1.75 after a Delaware court ordered SIGA Technologies to pay lump sum expectation damages to PharmAthene (NYSE: PIP) for lost profits relating to SIGA's smallpox antiviral.

Lpath (NASDAQ: LPTN) declined 9.34% to $3.31. Lpath reported that Scott Pancoast, president and CEO, will present at the 34th Annual Canaccord Genuity Growth Conference on August 13, 2014 at 5:00 p.m. ET in Boston.

Dean Foods Company (NYSE: DF) shares dipped 7.65% to $14.60 after the company posted a wider-than-expected second-quarter loss and withdrew its forecast for the full year.

Resonant (NASDAQ: RESN) shares slipped 7.24% to $7.30. Resonant is expected to report its Q2 financial results on August 13.

The Priceline Group (NASDAQ: PCLN) declined 2.22% to $1,310.00 after the company issued a weak forecast for the third quarter.

Zynga (NASDAQ: ZNGA) shares fell 1.39% to $2.84 after falling 1.37% on Friday on weaker-than-expected second-quarter revenue and downbeat revenue forecast for the third quarter.

ARM Holdings plc (NASDAQ: ARMH) shares slipped 1.06% to $44.95 after gaining 4.27% on Friday.

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

 

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