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Morning Market Losers

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Lpath Inc. (NASDAQ: LPTN) shares fell 25.08% to $2.45 after the company reported Phase 2a study results for ASONEP in renal cell carcinoma.

Apollo Education Group, Inc. (NASDAQ: APOL) shares tumbled 18.69% to $22.76 after the company reported narrower-than-expected loss for its fiscal second quarter, but issued a weak sales forecast.

Christopher & Banks Corporation (NYSE: CBK) shares slipped 12.65% to $5.12 after the company posted fourth-quarter results and issued a weak revenue outlook.

EnLink Midstream Partners, LP (NYSE: ENLK) shares declined 9.88% to $24.26 after the company announced that a unit of its Devon Energy Corp. (NYSE: DVN) affiliate will launch a public offering of 22.8 million units.

Nationstar Mortgage Holdings Inc. (NYSE: NSM) fell 9.39% to $28.22 after the company announced the pricing of 17.5 million common stock.

Paragon Shipping Inc. (NASDAQ: PRGN) shares declined 6.51% to $1.15 after the company named CEO Michael Bodouroglou as Interim CFO.

Destination XL Group, Inc. (NASDAQ: DXLG) dropped 5.80% to $4.55 after the company reported downbeat Q4 results and issued a weak outlook.

Novavax, Inc. (NASDAQ: NVAX) shares dipped 4.11% to $8.87 after the company announced a $175 million offering of shares.

RMG Networks Holding Corporation (NASDAQ: RMGN) shares slipped 3.97% to $1.45 after the company reported that it has raised $25 million in private placement of convertible preferred stock.

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

 

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