Morning Market Losers

GTX GTXI plummeted 15.96% to $1.58 after the company announced its plans to lower 60% of its workforce. StemCells STEM dropped 14.29% to $1.44 after the company received the FDA authorization of IND for spinal cord injury. Star Bulk Carriers SBLK dropped 12.12% to $8.98 after the company announced a public offering of common stock. Team TISI dropped 11.53% to $35.39 after the company lowered its annual earnings outlook.