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Morning Market Losers

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Akorn (NASDAQ: AKRX) plummeted 11.98% to $22.73 after the company reported Q4 results and issued a weak FY14 guidance.

Celldex Therapeutics (NASDAQ: CLDX) dropped 11.81% to $25.77 on Q4 results. Celldex posted a Q4 loss of $0.27 per share.

Central European Media Enterprises (NASDAQ: CETV) shares declined 11.18% to $4.2099 after jumping 74.91% on Friday.

Qiwi plc (NASDAQ: QIWI) dropped 7.48% to $43.14. QIWI is expected to announce its Q4 results on March 12, 2014.

JinkoSolar Holding Co (NYSE: JKS) dropped 2.78% to $31.81 after the company reported Q4 results. JinkoSolar posted a quarterly profit of CNY164.3 million ($27.1 million) or CNY1.47 (24 cents) per American Depositary Share (ADS), versus a year-ago loss of CNY761.1 million, or CNY8.58 per ADS.

Posted-In: market losersNews Movers & Shakers Intraday Update Markets

 

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