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Morning Market Losers

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Vical Incorporated (NASDAQ: 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 (NASDAQ: MELA) shares slipped 22.42 percent to $1.35. PhotoMedex Inc (NASDAQ: PHMD) shar announced the sale of its XTRAC & VTRAC businesses to MELA Sciences for $42.5 million in cash.

Sonic Corporation (NASDAQ: 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 (NYSE: 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 (NYSE: 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 (NASDAQ: EXXI). It also announced a 11.25 million share offering and raised its dividend.

NN, Inc. (NASDAQ: 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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