12 Biggest Mid-Day Losers For Thursday


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.


 

  • Intra-Cellular Therapies Inc (NASDAQ: ITCI) shares tumbled 63.2 percent to $15.60 after its lead product candidate, ITI-007, failed a late-stage study in schizophrenia. Apparently, the drug couldn't beat the placebo, nor could it equal the performance of the active control risperidone.
  • Alcobra Ltd (NASDAQ: ADHD) shares dipped 55 percent to $2.08 after the company disclosed that the FDA has placed a full clinical hold on its IND applications for MDX in ADHD and Fragile X Syndrome. The company reported that it has received verbal notice of the clinical hold from the FDA.
  • Marinus Pharmaceuticals Inc (NASDAQ: MRNS) dropped 28.2 percent to $1.96 after the company reported top-line results from a Phase 2 exploratory open-label clinical trial evaluating ganaxolone in females with PCDH19 pediatric epilepsy.
  • Shineco Inc (NASDAQ: TYHT) shares fell 27.3 percent to $21.00. On Wednesday, Shineco priced IPO at $4.50 per share.
  • Actinium Pharmaceuticals Inc (NYSE: ATNM) shares dropped 20.7 percent to $1.34. Actinium priced 8 million shares at $1.25 per share.
  • Real Goods Solar, Inc. (NASDAQ: RGSE) fell 16.3 percent to $4.05. Real Goods Solar shares have dropped 78.96 percent over the past 52 weeks, while the S&P 500 index has gained 15.25 percent in the same period.
  • Galectin Therapeutics Inc (NASDAQ: GALT) shares declined 14.2 percent to $1.20. H.C. Wainwright downgraded the rating on Galectin Therapeutics from Buy to Neutral, while lowering the price target from $8.00 to $1.50.
  • Stein Mart, Inc. (NASDAQ: SMRT) shares dropped 11 percent to $6.71 after the company announced the resignation of Dawn Robertson as CEO. Sidoti & Co. downgraded Stein Mart from Buy to Neutral.
  • Fitbit Inc (NYSE: FIT) shares declined 9.3 percent to $15.15. Pacific Crest downgraded Fitbit from Sector Weight to Underweight.
  • Sonus Networks, Inc. (NASDAQ: SONS) fell 9 percent to $7.84. Cowen & Co. downgraded Sonus Networks from Market Perform to Underperform.
  • Kona Grill Inc (NASDAQ: KONA) slipped 8.2 percent to $12.70. KeyBanc downgraded Kona Grill from Overweight to Sector Weight.
  • Genocea Biosciences Inc (NASDAQ: GNCA) shares dropped 4.9 percent to $5.44. Genocea Biosciences disclosed that its Phase 2b trial of GEN-003 for genital herpes has achieved primary endpoint.

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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