Morning Market Losers


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Actinium Pharmaceuticals (NYSE: ATNM) tumbled 16.57% to $7.30 after the company announced a secondary offering of its shares.NeuroMetrix (NASDAQ: NURO) shares slipped 9.82% to $2.02 after the company announced a $8 million preferred stock placement.Heron Therapeutics (NASDAQ: HRTX) fell 9.55% to $11.55 after the company priced 4.5 million share offering at $11.74 per share.CVR Refining LP (NYSE: CVRR) shares declined 9.40% to $24.59 following the announcement of 6 million common unit offering.Team (NYSE: TISI) tumbled 4.21% to $37.31 after the company reported downbeat fiscal-fourth-quarter earnings. Team posted its quarterly earnings of $0.60 per share on revenue of $211 million. However, analysts were projecting a profit of $0.71 per share on revenue of $218.5 million.General Mills (NYSE: GIS) shares dropped 3.35% to $51.90 after the company reported a weaker-than-expected fiscal fourth-quarter profit. Prothena Corporation plc (NASDAQ: PRTA) tumbled 2.64% to $22.50 after the company priced 4.75 million shares at $22.50 per share.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsMovers & ShakersIntraday UpdateMarketsmarket losersTop Losers