Morning Market Losers
Shares of Ascent Solar Technologies (NASDAQ: ASTI) declined by 25% to $1.26 at 10.20 AM EDT on Thursday. The company had on Wednesday announced the pricing of its previously announced underwritten public offering of 9,166,700 shares.
Shares of Horizon Pharma (NASDAQ: HZNP) declined by 25.55% to $3.41 at 10.20 AM EDT. The company has recently announced a common stock offering.
Share price of Loncor Resources Inc (NYSE: LON) declined by 16.90% to $1.18 at 10.07 AM EDT. The company has entered into an underwriting agreement with an investment syndicate for selling 8,600,000 common shares.
Rada Electronic Industries Inc (NASDAW: RADA) experienced a 12.61% decline in its share price to $1.04 at 10.16 AM EDT. The company had recently reported a second quarter net loss.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.