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Market Overview

Morning Market Losers


Sunshine Heart Inc. (NASDAQ: SSH) shares dipped 26.73% to $3.92 on suspension of C-Pulse study and report of patient deaths.

BioLineRx, Ltd. (NASDAQ: BLRX) fell 23.13% to $2.16 after the company priced $25 million underwritten public offering of its American Depositary Shares.

WuXi PharmaTech (Cayman) Inc. (NYSE: WX) shares slipped 16.63% to $34.15. WuXi Pharma reported Q4 earnings of $0.46 per share on revenue of $190.7 million. The company expected FY15 adjusted earnings of $1.73 to $1.78 per share on revenue of $790 million to $800 million.

Checkpoint Systems Inc. (NYSE: CKP) shares dropped 14.82% to $11.44. Checkpoint Systems reported Q4 earnings of $0.26 per share on revenue of $183.11 million and issued a weak FY15 outlook.

Conatus Pharmaceuticals Inc. (NASDAQ: CNAT) shares fell 9.56% to $5.96. The company said in a Thursday filing that its Chief Medical Officer Gary C. Burgess resigned.

Violin Memory Inc (NYSE: VMEM) declined 8.52% to $3.65. Violin Memory reported a Q4 loss $0.19 per share on revenue of $20.5 million.

Emergent BioSolutions, Inc. (NYSE: EBS) dropped 8.24% to $26.83 after the company posted quarterly results and said it is investigating contamination of product at a manufacturing operation.

Orexigen Therapeutics, Inc. (NASDAQ: OREX) shares slipped 7.67% to $7.40 on reports that the company could face fines, penalties over early release of data.

Lululemon Athletica Inc. (NASDAQ: LULU) shares fell 5.73% to $61.13. Goldman Sachs downgraded Lululemon Athletica from Neutral to Sell.


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