EdgeWater 12/15/2010 1:41:30 AM
News / Business

Biggest Percentage Losers (CAPS, CTRP, Rentech)

Biggest Percentage Losers

Capstone Therapeutics Corp. (NASDAQ:CAPS) slumped 51.78% to $0.502. The company announced twelve-month results from its two AZX100 Phase 2a pilot clinical trials in keloid scarring and seven-month interim results of its ongoing AZX100 Phase 2a pilot clinical trial in surgical (trocar site) scarring.

The stock has average daily volume of 177K shares. At current market price, the market capitalization of the company stands at $20.45 million.

Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is down 8.09% to $40.93. The 52-week range of the stock is $29.90-$53.16.

The stock opened at $44.56 and is trading within the range of $40.85-$44.58. The stock soared more than 13% year-to-date.

Rentech, Inc. (AMEX:RTK) plunged 7.59% to $1.34. The fourth-quarter net loss of the company widened to $9.0 million from $7.2 million last year. However, loss per share for the quarter remained unchanged at $0.04.

For the fourth quarter of fiscal year 2010, Rentech reported revenue of $34.5 million, compared to $25.8 million for the comparable quarter in the prior year, attributed to greater fertilizer shipments than in the same quarter in fiscal 2009 at the nitrogen fertilizer facility owned by Rentech's wholly-owned subsidiary, Rentech Energy Midwest Corp.

Article published by Wall Street Grand. Visit the Wall Street Grand Club today.

SAFE LINK

Disclaimer:

For our full disclosure please visit - http://www.wallstreetgrand.com/disclosure.html