Morning Market Losers
China Information Technology (NASDAQ: CNIT) shares lost 14.94% to $0.91 at 9:45 am. China Information Technology shares have dropped 39.89% over the past 52 weeks, while the S&P 500 index has gained 18.16% in the same period.
China Ceramics Co (NASDAQ: CCCL) dropped 10.00% to $2.25. China Ceramics announced a semi-annual cash dividend of $0.10 per share.
Carolina Trust Bank (NASDAQ: CART) fell 9.96% to $2.08. Carolina Trust Bank's trailing-twelve-month profit margin is -14.10%.
MEI Pharma (NASDAQ: MEIP) shares dipped 8.55% to $1.39. MEI Pharma's trailing-twelve-month ROE is -275.49%.
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