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Morning Market Losers

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Ocera Therapeutics, Inc. (NASDAQ: OCRX) shares dropped 17.49% to $3.87 after the company reported successful completion of a planned interim analysis of its STOP-HE study, a double-blind placebo-controlled study of OCR-002 in patients with acute hepatic encephalopathy.

SeaChange International, Inc. (NASDAQ: SEAC) shares slipped 12.88% to $6.97. Seachange reported a Q4 loss of $0.19 per share on revenue of $31.3 million.

Universal Truckload Services Inc. (NASDAQ: UACL) shares fell 8.81% to $22.75. Universal Truckload projected Q1 earnings of $0.26 to $0.29 per share on operating sales of $260 million to $266 million. Stifel Nicolaus downgraded Universal Truckload from Buy to Hold and removed the price target of $32.00.

Trinity Biotech plc (NASDAQ: TRIB) declined 8.72% to $17.58 after the company priced an offering of $100 million of 4.00% Exchangeable Senior Notes due 2045.

Conatus Pharmaceuticals Inc. (NASDAQ: CNAT) slipped 7.93% to $6.27 after the company announced the pricing of public offering of common stock.

TrueCar, Inc. (NASDAQ: TRUE) shares dropped 4% to $16.32 after falling 4.76% on Wednesday.

Cellectis S.A. (NASDAQ: CLLS) shares declined 2.90% to $32.50 after dropping 3.21% on Wednesday.

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

 

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