Morning Market Losers


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.


Lpath, Inc. (NASDAQ: LPTN) shares dropped 75.44 percent to $0.420 after the company announced its plans to cut jobs as its multicenter, Phase 2 Nexus clinical trial evaluating iSONEP™ in patients with wet age-related macular degeneration did not meet primary or key secondary endpoints.

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EVINE Live Inc (NASDAQ: EVLV) shares slipped 37.48 percent to $3.52. EVINE Live reported FQ1 adjusted loss of $0.04 per share on revenue of $158.5 million. Etsy Inc (NASDAQ: ETSY) shares dipped 23.69 percent to $16.02 after the company reported a loss in the first quarter. The Brooklyn, New York-based company posted a quarterly net loss of $36.6 million, or $0.84 per share, versus a year-ago loss of $0.5 million, or $0.01 per share. Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN) slipped 14.79 percent to $9.10 following the announcement of Hep C collaboration with Janssen Pharmaceuticals, a

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Johnson & Johnson (NYSE: JNJ) unit. UBS downgraded Achillion Pharmaceuticals from Buy to Neutral. China Distance Education Hldgs Ltd (ADR) (NYSE: DL) shares fell 7.66 percent to $19.06. China Distance Education reported Q2 earnings of $0.049 per share on revenue of $22.3 million. El Pollo LoCo Holdings Inc (NASDAQ: LOCO) shares dropped 5.69 percent to $21.98 after falling 3.96 percent on Tuesday. Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH) shares fell 4.27 percent to $54.85 after the company announced a secondary offering of 20 million commons shares by selling shareholders. Lowe's Companies, Inc. (NYSE: LOW) shares declined 4.16 percent to $68.84 after the company reported downbeat results for its first quarter.

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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