Morning Market Losers

Endocyte Inc ECYT shares dipped 61.61% to $3.95 at 9:50 am. ECYT announced the results of supplemental analyses of its Phase 2b PRECEDENT trial. The Pantry Inc PTRY shares lost 15.84% to $9.99. Pantry reported weaker-than-expected fourth-quarter results. China Medical Technologies Inc CMED dropped 14.55% to $2.82. CMED reported that the company intends to implement a debt restructuring plan. Ivanhoe Mines Ltd IVN fell 14.49% to $17.70. IVN reported that it has received a decision in the arbitration between Ivanhoe and Rio Tinto.