Morning Market Losers

Oramed Pharmaceuticals ORMP plummeted 17.80% to $12.33 after the company announced its plans to raise $15,800,000 in a registered direct offering. Western Asset Mortgage Capital WMC dropped 13.41% to $14.91. Western Asset Mortgage Capital shares have dropped 17.77% over the past 52 weeks, while the S&P 500 index has gained 29.12% in the same period. XTL Biopharmaceuticals XTLB dropped 11.94% to $2.95. XTL Biopharmaceuticals' trailing-twelve-month ROE is -26.83%. Merus Labs International MSLI dropped 10.17% to $1.06. Merus Labs International's trailing-twelve-month profit margin is -94.60%.
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