Morning Market Losers

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Prima Biomed
PBMD
dropped 38.17% to $1.45 after the company reported top-line analysis of CVac Phase 2 trial. Tower Group International
TWGP
plummeted 24.31% to $10.49. Tower Group announced its plans to release its Q2 results during the week of October 7, 2013. FBR Capital downgraded the stock from Outperform to Market Perform. DragonWave
DRWI
dropped 17% to $2.05 after the company priced US$25 million public offering of units. SmartPros
SPRO
dropped 11.82% to $1.79. SmartPros' trailing-twelve-month ROE is -16.31%.
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