Morning Market Losers

Verastem Inc VSTM shares dropped 14.28 percent to $5.67 after rising 2.16 percent on Tuesday. Republic Airways Holdings Inc. RJET shares declined 12.24 percent to $2.94 after rising 5.02 percent on Tuesday. Seabridge Gold, Inc. (USA) SA shares fell 10.65 percent to $5.54. Seabridge Gold Drilling confirmed the major extension of KSM's Deep Kerr deposit. Aerohive Networks Inc HIVE shares declined 8.32 percent to $6.28. Bank of America downgraded Aerohive Networks from Buy to Underperform and lowered the price target from $9.00 to $7.00. Century Aluminum Co CENX dropped 8.06 percent to $4.28. Century Aluminum issued a notice to employees at Hawesville, Kentucky smelter of its intent to curtail plant operations. X T L Biopharmaceuticals Ltd (ADR) XTLB dipped 6.52 percent to $1.72 after the company reported the publication of results of Phase 2 study on hCDR1 (Edratide) in patients with active systemic lupus erythematosus in the Lupus Science & Medicine Journal. Schlumberger Limited. SLB fell 2.05 percent to $71.03 after the company announced its plans to acquire Cameron International Corporation CAM for $66.36 per share.
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