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.


Zafgen Inc (NASDAQ: ZFGN) shares dipped 35.39 percent to $13.58 on beloranib partial clinical hold.Cempra Inc (NASDAQ: CEMP) shares fell 25.99 percent to $19.86 after the company announced positive topline Phase 3 clinical results for IV Solithromycin in the treatment of community-acquired bacterial pneumonia.WaferGen Bio-systems, Inc. (NASDAQ: WGBS) tumbled 20.14 percent to $1.15 after the company priced $15 share offering at $1 per share.Quanta Services Inc (NYSE: PWR) declined 18.20 percent to $21.44 after the company lowered its Q3 earnings forecast and issued a weak sales outlook.Spirit Airlines Incorporated (NASDAQ: SAVE) dropped 13.44 percent to $43.33. Spirit Airlines raised its Q3 operating margin guidance. For 2016, capacity growth is now projected at the lower end of previous outlook range. Morgan Stanley downgraded Spirit Airlines from Overweight to Equal-weight and lowered the price target from $66.00 to $53.00.NXT-ID Inc (NASDAQ: NXTD) shares fell 8.08 percent to $0.910 after the company priced 1.5 million shares at $0.70 per share. Wynn Resorts, Limited (NASDAQ: WYNN) shares declined 6.44 percent to $69.01 on its earnings report. Earnings of $0.86 per share came in below $0.88 estimate; revenue of $996.29 million fell short of expectations for earnings around $1.03 billion. Carrizo Oil & Gas Inc (NASDAQ: CRZO) shares dropped 3.69 percent to $39.45 after the company priced 5.5 million share offering for gross proceeds of $211.8 million. W W Grainger Inc (NYSE: GWW) shares fell 3.50 percent to $213.88 after the company reported downbeat Q3 earnings and lowered its FY15 forecast.

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.


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