- Rentech, Inc. (NASDAQ:RTK) shares declined 45.5 percent to $1.50 after the company disclosed that it has decided to idle its Wawa facility. Rentech is also exploring strategic alternatives for the firm.
- Cidara Therapeutics Inc (NASDAQ:CDTX) shares dropped 40.8 percent to $6.93 after the company disclosed unfavorable results of Phase 2 RADIANT trial of CD101 topical in VVC.
- Trevena Inc (NASDAQ:TRVN) shares dipped 33.3 percent to $4.76 despite a positive development in Phase 3 trials. Trevena announced positive top-line results from ongoing Phase 3 trials called "APOLLO-1" and "APOLLO-2." The studies evaluated the safety of Trevena's oliceridine therapy in patients for 48 hours following bunionectomy and 24 hours following abdominoplasty.
- Global Eagle Entertainment Inc (NASDAQ:ENT) shares fell 26.7 percent to $4.56. Global Eagle named Jeff Leddy as Chief Executive Officer. Dave Davis resigned as CEO effective February 20, 2017.
- DryShips Inc. (NASDAQ:DRYS) shares tumbled 25.5 percent to $3.33. DryShips disclosed that it has entered into a $200 million common stock purchase agreement with Kalani Investments Limited and agreed to acquire two modern tanker vessels for $102.5 million.
- Amphastar Pharmaceuticals Inc (NASDAQ:AMPH) shares fell 15.4 percent to $15.57 after the company disclosed that it has received a CRL for Intranasal Naloxone for the emergency treatment of opioid overdose.
- Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) shares dropped 15.2 percent to $15.98. Momenta Pharmaceuticals reported Q4 earnings of $0.60 per share on revenue of $34.19 million.
- America's Car-Mart, Inc. (NASDAQ:CRMT) shares fell 14.6 percent to $33.17 after the company posted downbeat quarterly earnings.
- Daktronics, Inc. (NASDAQ:DAKT) dropped 14.1 percent to $8.68 on wider-than-expected quarterly loss.
- Albany Molecular Research, Inc. (NASDAQ:AMRI) shares tumbled 13.7 percent to $16.07 after the company posted weak quarterly results.
- Unilever plc (ADR) (NYSE:UL) shares declined 8.4 percent to $44.46. Unilever and Kraft Heinz announced Kraft Heinz has amicably agreed to withdraw its proposal for a combination of the companies.
- Unilever N.V. (ADR) (NYSE:UN) dropped 8.4 percent to $44.70.
- HSBC Holdings plc (ADR) (NYSE:HSBC) shares declined 5.6 percent to $41.46 after the company posted a drop in its profit.
- Freeport-McMoRan Inc (NYSE:FCX) shares fell 4.6 percent to $14.22. Deutsche Bank downgraded Freeport-McMoRan from Hold to Sell.
- Kraft Heinz Co (NASDAQ:KHC) fell 3.2 percent to $93.55 after it dropped its $143 billion takeover offer for Unilever.
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