Morning Market Losers

BG Medicine, Inc. BGMD shares tumbled 40.53 percent to $0.880 after the company priced its 2,315,654 Series A unit offering at $1 per unit and 184,346 Series B units at $1 per share. Rockwell Medical Inc RMTI dropped 13.39 percent to $11.90. Morgan Stanley initiated coverage on Rockwell Medical with a Underweight rating and a $7.00 price target. Sizmek Inc SZMK shares fell 7.38 percent to $6.65. Sizmek reported a Q2 loss of $0.27 per share on revenue of $40.216 million. Shake Shack Inc SHAK shares declined 8.46 percent to $59.50 after the company priced its 4 million share secondary offering at $60 per share. Kohl's Corporation KSS shares dropped 8.18 percent to $56.47 after the company reported weaker-than-expected results for the second quarter. Caretrust REIT Inc CTRE shares slipped 5.25 percent to $10.47 after the company priced offering of 14,200,000 shares at $10.50 per share. Randgold Resources Ltd. (ADR) GOLD shrank 3.60 percent to $62.90 after gaining 4.82 percent on Wednesday. Gold futures fell 0.80 percent to $1,114.60 an ounce.
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