Morning Market Losers

Atlantic Power

shares dropped 30.92% to $2.63 after the company reported an update for outcome of strategic review. The company also lowered its annual dividend and also announced President and CEO transition. Majesco Entertainment Co

shares tumbled 22.94% to $1.41 after the company reported a wider-than-expected third-quarter loss. Majesco Entertainment also announced its plans to explore strategic alternatives for the company. SIGA Technologies

slipped 19.44% to $1.16 after the company filed for Chapter 11 bankruptcy. Avanir Pharmaceuticals

shares dropped 7.93% to $11.50 after jumping 85.31% on Monday. Gastar Exploration

shares declined 7.07% to $7.10 after the company announced a proposed public offering of common stock. Lehigh Gas Partners LP

shares dropped 5.31% to $33.53 after the company priced 3.6 million units at $33.99 per unit for net proceeds of $117.4 million. Opexa Therapeutics

declined 4.34% to $1.22 after the company announced the termination of public offering of common stock. Analogic

shares slipped 3.85% to $68.74 after the company reported weaker-than-expected fourth-quarter revenue. However, the company reported upbeat quarterly earnings. Brean Capital downgraded Analogic from Buy to Hold and removed the price target of $95.00. Alcoa

shares dropped 1.46% to $16.15 after the company reported a proposed public offering of 25 million in mandatory convertible preferred shares.