Post-Market NASDAQ Losers (PRMW, DEER, CIGX, TICC, SCLN, HERO, BGCP, MOBI, FFBC, KITD)
The top after-market NASDAQ losers Thursday were: Primo Water Corp, Deer Consumer Products, Star Scientific, TICC Capital Corp, SciClone Pharmaceuticals, Hercules Offshore, BGC Partners, Sky-mobi Ltd, First Financial Bancorp and KIT digital.
Primo Water Corp. (PRMW) stock slumped 9.56 percent to $2.65 in aftermarket session. The company reported fourth quarter adjusted net loss of 2.5 million or $0.10 per share compared to loss of $1.4 million or $0.13 per share in the period last year, while analysts’ expected net loss of $0.08 per share.
Deer Consumer Products, Inc. (DEER) stock slumped 7.46 percent to $3.35 in post market trading. The company announced that its filing of its 2011 annual report will be delayed because the company needs additional time to assess the effectiveness of its disclosure controls and its internal control over financial reporting, Wall Street Journal Reported.
Star Scientific, Inc. (CIGX) stock plunged 5.19 percent to $3.65 in aftermarket session. The company reported a net loss of $38.0 million for 2011, which includes a non-cash, stock-based compensation charge of approximately $17.3 million. Net sales rose 100 percent to $1.73 million from $.848 million.
TICC Capital Corp. (TICC) stock plunged 4.12 percent to $10.00 in post market session. The company announced that it commenced an offering of 4 million of common shares.
SciClone Pharmaceuticals, Inc. (SCLN) stock declined 3.54 percent to $6.00 in aftermarket session. The company filed a registration with the U.S. Securities and Exchange Commission to sell, from time to time up to $100 million of Common Stock, Preferred Stock, Debt Securities, Warrants to Purchase Common Stock or preferred stock or debt securities, or any combination of the foregoing, either individually or as units comprised of one or more of the other securities.
Hercules Offshore, Inc. (HERO) stock fell 3.25 percent to $4.76 in aftermarket session. The stock has a 52-week low of $2.25, a 52-week high of $6.99 and $679.75 million in market capitalization.
BGC Partners, Inc. (BGCP) stock declined 2.57 percent to $7.59 in aftermarket session. Shareholder rights firm Robbins Umeda LLP is investigating possible breaches of fiduciary duty and other violations of the law by certain officers and directors at BGCP.
Sky-mobi Ltd. (MOBI) stock fell 2.17 percent to $3.60 in post market trading after plunging nearly 5 percent in regular session.
First Financial Bancorp. (FFBC) stock fell 1.86 percent to $16.89 in aftermarket trading. The stock has a 52-week low of $12.84, a 52-week high of $18.39 and $1 billion in market capitalization.
KIT digital, Inc. (KITD) stock declined 1.18 percent to $8.41 in post market session. The company swung to fourth quarter net profit $2.2 million or $0.05 per share compared to net loss of $8.5 million or $0.31 per share in the same period last year, but fell short of analysts’ estimation of $0.15 per share.
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