Market Overview

Morning Market Losers

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GTX (NASDAQ: GTXI) plummeted 15.96% to $1.58 after the company announced its plans to lower 60% of its workforce.

StemCells (NASDAQ: STEM) dropped 14.29% to $1.44 after the company received the FDA authorization of IND for spinal cord injury.

Star Bulk Carriers (NASDAQ: SBLK) dropped 12.12% to $8.98 after the company announced a public offering of common stock.

Team (NYSE: TISI) dropped 11.53% to $35.39 after the company lowered its annual earnings outlook.

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