Market Overview

Afternoon Market Losers

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NeuroMetrix (NASDAQ: NURO) dropped 16.16% to $2.18 after the company announced $5 million placement of preferred stock with single institutional investor.

Epizyme (NASDAQ: EPZM) dipped 4.04% to $25.70 after the company announced closing of its IPO and full exercise of over-allotment option.

JA Solar Holdings Co (NASDAQ: JASO) fell 11.45% to $6.73 on the company's unsustainable margin strength.

Zogenix (NASDAQ: ZGNX) dropped 10.27% to $1.32 on company's announcement to cut 55 employees.

Ampio Pharmaceuticals (NASDAQ: AMPE) declined 11.18% to $5.97 after a day of high volume trading.

Affymax (NASDAQ: AFFY) tumbled 19.78% to $1.25 after a recent delisting letter from NASDAQ.

Tesaro (NASDAQ: TSRO) dipped 10.36% to $39.80 after Monday's tremendous gain.

Giant Interactive Group (NYSE: GA) dropped 10.65% to $7.59 after the company announced secondary offering of 15,137,853 American Depositary Shares by selling shareholders.

Posted-In: News Economics Intraday Update Markets Movers

 

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