Morning Market Losers


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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Noranda Aluminum Holding Corporation (NYSE: NOR) shares dipped 24.67 percent to $2.26 after the company announced a secondary offering of 22.8 million shares by Apollo Global Management, which will sell its entire 33 percent stake.

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NewLink Genetics Corp (NASDAQ: NLNK) shares declined 19.35 percent to $42.05. NewLink said it won't modify a Phase III study of its algenpantucel-L for patients with surgically resected pancreatic cancer following its second interim data analysis. Rackspace Hosting, Inc. (NYSE: RAX) shares dropped 15.32 percent to $44.99. Rackspace reported downbeat revenue for the first quarter. For the second quarter, the company projected revenue growth on a constant currency basis of 1.5 percent to 2.5 percent. Athersys, Inc. (NASDAQ: ATHX) shares fell 13.66 percent to $1.20. Athersys reported a Q1 loss of $0.16 per share.

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LivePerson, Inc. (NASDAQ: LPSN) shares slipped 13.53 percent to $8.18. LivePerson reported downbeat Q1 sales and lowered its FY15 guidance. Credit Suisse downgraded LivePerson from Outperform to Neutral. Astronics Corporation (NASDAQ: ATRO) shares declined 9.99 percent to $64.69. Astronics reported Q1 earnings of $0.47 per share on revenue of $161.6 million. Depomed Inc (NASDAQ: DEPO) shares dropped 9.93 percent to $21.99. Depomed's Q1 net loss widened to $0.13 cents a share, from $0.01 cent a year earlier. Numerex Corp. (NASDAQ: NMRX) shares dropped 9.25 percent to $9.32. Numerex reported a Q1 loss of $0.03 per share on revenue of $21.7 million. YY Inc (ADR) (NASDAQ: YY) fell 7.39 percent to $63.87 after the company reported Q1 non-GAAP net income of RMB258.8 million on revenue of RMB1,150.3 million.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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