Market Overview

Morning Market Losers

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Ohr Pharmaceutical, Inc. (NASDAQ: OHRP) shares dropped 65.64% to $3.00 on failure to reach goal in OHR-102 Phase II study.

Applied DNA Sciences Inc. (NASDAQ: APDN) fell 14.97% to $2.67 after the company priced an $11.46 million public offering.

Quiksilver Inc. (NYSE: ZQK) shares dropped 13.78% to $1.94. Quiksilver promoted Pierre Agnes to Chief Executive Officer. Greg Healy has also been promoted to President of Quiksilver and Bob McKnight has been named Chairman.

MOL Global, Inc. (NASDAQ: MOLG) shares slipped 11.76% to $2.40. MOL reported a Q4 loss of $16.46 per share on revenue of $17.4 million.

Interphase Corp. (NASDAQ: INPH) shares fell 10.32% to $2.05. Interphase reported a Q4 loss of $0.26 per share on revenue of $2.9 million.

REEDS, Inc. (NYSE: REED) shares declined 9.38% to $6.3434. Reed's posted 2014 operating income of $41,000 on net sales of $43.4 million.

Central Pacific Financial Corp. (NYSE: CPF) shares dropped 7.94% to $22.49 after the company priced an offering of 7.6 million shares by selling shareholders. Central Pacific Financial also announced its plans to add $75 million to buyback program.

GameStop Corp. (NYSE: GME) shares declined 1.11% to $38.36 after the company reported downbeat results for the fourth quarter.

 

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