Morning Market Losers

Vical Incorporated VICL shares dipped 45.77 percent to $0.770 after the company announced top-line results from the Phase 1/2 trial of its therapeutic genital herpes vaccine. MELA Sciences Inc MELA shares slipped 22.42 percent to $1.35. PhotoMedex Inc PHMD shar announced the sale of its XTRAC & VTRAC businesses to MELA Sciences for $42.5 million in cash. Sonic Corporation SONC shares dropped 9.67 percent to $30.91. Sonic reported in-line earnings for its fiscal third quarter. However, the company issued a cautious forecast for FY2015 earnings. GasLog Partners LP GLOP fell 7.72 percent to $23.07 after the company priced its 7.5 million share public offering at $23.90 per unit. Corenergy Infrastructure Trust Inc CORR dropped 7.34 percent to $6.19. Corenergy Infrastructure Trust announced plans to acquire the Grand Isle Gathering System for $245 million from Energy XXI Ltd EXXI. It also announced a 11.25 million share offering and raised its dividend. NN, Inc. NNBR shares slipped 6.60 percent to $24.04 after the company announced a public offering of 6 million shares of its common stock.
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