Thursday, January 23, 2014

Morning Market Losers

5 Best Industrial Conglomerate Stocks To Own Right Now

Cleveland BioLabs (NASDAQ: CBLI) plummeted 32.65% to $0.7610 as the company reported that BARDA has terminated negotiations related to its proposal for further development of Entolimod.

Zhone Technologies (NASDAQ: ZHNE) dropped 20.94% to $4.91 on Q4 results.

Hill-Rom Holdings (NYSE: HRC) dropped 14.43% to $37.74 after the company reported weaker-than-expected Q1 results and lowered its outlook. The company also announced its restructuring program.

Hercules Offshore (NASDAQ: HERO) dropped 14.43% to $4.92. Global Hunter downgraded the stock from Buy to Neutral and cut the price target from $12.00 to $6.00.

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

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