Market Overview

Benzinga’s Top Pre-Market Losers (SOMX, ORCT, STX, CNX)

Somaxon Pharmaceuticals, Inc. (NASDAQ: SOMX) decreased 4% to $9.13 in the pre-market session. Somaxon Pharmaceuticals announced yesterday that it has priced an underwritten public offering of 6,000,000 shares of its common stock at a price to the public of $8.25 per share. The 52-week trading range for SOMX is $0.32 -$10.60. SOMX has gained over 286% in the last six months.

Orckit Communications Ltd (NASDAQ: ORCT) tumbled 11.23% to $4.25 in the pre-market session. ORCT closed at $4.72 in the last trading session. The 52-week trading range for ORCT is $2.04 - $5.81. Orckit Communications has surged over 26% in the last six months.

Seagate Technology (NASDAQ: STX) fell 1.48% to $19.33 in the pre-market session. The 52-week trading range for STX is $5.51 - $21.58. STX has climbed over 326% in the last year. Seagate Technology closed at $19.62 in the last trading session.

CONSOL Energy Inc. (NYSE: CNX) fell 0.28% to $42.85 in the pre-market session. CONSOL Energy, Inc. announced yesterday that it has priced a public offering of 38,500,000 shares of its common stock at $42.50 per share. CONSOL Energy closed at $42.97 in the last trading session. In the last year, CNX has surged over 49%.

Posted-In: Pre-Market Outlook Trading Ideas

 

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