Thursday, March 20, 2014

Morning Market Losers

Related AGEN US Stock Futures Drop Ahead Of Jobless Claims Report Agenus Therapeutics Reports GlaxoSmithKline's Magrit Study Does Not Meet First or Second Primary Endpoint Glaxo Cancer Vaccine Fails, Testing Continues (Fox Business) Related CIDM Open Road Films Is Launch Partner for Cinedigm's Distributor 3.0' Platform Cinedigm Announces 7.9M Share Underwritten Public Offering

Agenus (NASDAQ: AGEN) shares declined 15.12% to $3.65 after the company reported that GlaxoSmithKline's (NYSE: GSK) MAGRITi study did not meet its first or second co-primary endpoint.

Cinedigm (NASDAQ: CIDM) slipped 14.87% to $2.69 after the company announced a proposed public offering of common stock.

Walter Energy (NYSE: WLT) shares tumbled 12.98% to $7.91 after the company priced $200 million of 9.5% Senior Secured Notes and $350 million of Senior Secured Second Lien PIK Toggle Notes.

The ExOne Company (NASDAQ: XONE) shares dropped 10.47% to $39.17 after the company reported downbeat Q4 results and issued a weak FY14 revenue outlook.

Clifton Bancorp (NASDAQ: CSBK) shares dropped 10.32% to $11.65 after the company announced stock offering results.

Response Genetics (NASDAQ: RGDX) slipped 9.47% to $1.34 after the company reported Q4 results. The company posted a quarterly net loss of $3.2 million, or $0.09 per share, versus a year-ago net loss of $0.5 million, or $0.01 per share.

Guess? (NYSE: GES) shares fell 5.18% to $27.27 after the company issued downbeat outlook. The retailer projected to post a Q1 loss of $0.05 to $0.09 per share.

FuelCell Energy (NASDAQ: FCEL) tumbled 4.99% to $2.51 after falling 4.00% on Wednesday.

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

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