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Morning Market Losers

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Threshold Pharmaceuticals, Inc. (NASDAQ: THLD) shares tumbled 80.75 percent to $0.643 after the company reported that its evofosfamide studies did not meet primary endpoints.

bluebird bio Inc (NASDAQ: BLUE) shares dipped 30.61 percent to $58.05 on mixed sickle cell data results presented at the ASH 2015.

Global Blood Therapeutics Inc (NASDAQ: GBT) shares fell 18.46 percent to $37.24 after the company reported positive GBT440 Phase 1/2 data.

Agios Pharmaceuticals Inc (NASDAQ: AGIO) shares dropped 14.57 percent to $52.87 after the company reported data from ongoing phase 1 trial of AG-120. The company also announced data from ongoing Phase 1/2 trial of AG-221.

Energy Transfer Equity LP (NYSE: ETE) shares fell 11.64 percent to $13.51.

Chipotle Mexican Grill, Inc. (NYSE: CMG) shares declined 6.08 percent to $527.10. Chipotle reported Friday that the recent e Coli incident had an adverse impact on financial and operating results during the fourth quarter. Cowen & Company downgraded Chipotle from Outperform to Market Perform and lowered the price target from $775.00 to $515.00.

Marvell Technology Group Ltd. (NASDAQ: MRVL) shares fell 1.68 percent to $9.09 after the company issued a weak preliminary results for the third quarter.

 

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