Market Overview

Morning Market Losers

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BG Medicine, Inc. (NASDAQ: BGMD) shares tumbled 40.53 percent to $0.880 after the company priced its 2,315,654 Series A unit offering at $1 per unit and 184,346 Series B units at $1 per share.

Rockwell Medical Inc (NASDAQ: RMTI) dropped 13.39 percent to $11.90. Morgan Stanley initiated coverage on Rockwell Medical with a Underweight rating and a $7.00 price target.

Sizmek Inc (NASDAQ: SZMK) shares fell 7.38 percent to $6.65. Sizmek reported a Q2 loss of $0.27 per share on revenue of $40.216 million.

Shake Shack Inc (NYSE: SHAK) shares declined 8.46 percent to $59.50 after the company priced its 4 million share secondary offering at $60 per share.

Kohl's Corporation (NYSE: KSS) shares dropped 8.18 percent to $56.47 after the company reported weaker-than-expected results for the second quarter.

Caretrust REIT Inc (NASDAQ: CTRE) shares slipped 5.25 percent to $10.47 after the company priced offering of 14,200,000 shares at $10.50 per share.

Randgold Resources Ltd. (ADR) (NASDAQ: GOLD) shrank 3.60 percent to $62.90 after gaining 4.82 percent on Wednesday. Gold futures fell 0.80 percent to $1,114.60 an ounce.

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

 

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