Morning Market Losers
Can-Fite BioPharma (NYSE: CANF) plummeted 31.10% to $5.65 after the company's subsidiary OphthaliX (OTC: OPLI) reported that its phase III study with its licensed drug CF101 for moderate-to-severe dry eye syndrome did not meet primary efficacy endpoint.
WPCS International (NASDAQ: WPCS) dropped 21.34% to $1.99. Shares of WPCS jumped 67.55% on Friday after the company announced the public release of beta version of its Windows-based trading platform for bitcoin traders.
Myriad Genetics (NASDAQ: MYGN) dropped 16.16% to $20.24. Myriad Genetics expressed concerns over CMS not valuing BRCA 2 gene in 81211 code, CMS 81211 payment rate. Mizuho Securities downgraded the stock from Buy to Neutral.
VisionChina Media (NASDAQ: VISN) dropped 14.10% to $26.80. VisionChina Media's trailing-twelve-month ROE is -110.24%.
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