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Rentech, Inc. (NASDAQ: RTK) shares declined 45.5
percent to $1.50 after the company disclosed that it has decided to idle its Wawa facility. Rentech is also exploring strategic
alternatives for the firm.
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Cidara Therapeutics Inc (NASDAQ: CDTX) shares
dropped 40.8 percent to $6.93 after the company disclosed unfavorable results of Phase 2 RADIANT trial of CD101 topical in VVC.
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Trevena Inc (NASDAQ: TRVN) shares dipped 33.3
percent to $4.76 despite a positive development in Phase 3 trials. Trevena announced positive top-line results from ongoing
Phase 3 trials called "APOLLO-1" and "APOLLO-2." The studies evaluated the safety of Trevena's oliceridine therapy in patients
for 48 hours following bunionectomy and 24 hours following abdominoplasty.
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Global Eagle Entertainment Inc (NASDAQ: ENT)
shares fell 26.7 percent to $4.56. Global Eagle named Jeff Leddy as Chief Executive Officer. Dave Davis resigned as CEO
effective February 20, 2017.
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DryShips Inc. (NASDAQ: DRYS) shares tumbled 25.5
percent to $3.33. DryShips disclosed that it has entered into a $200 million common stock purchase agreement with Kalani
Investments Limited and agreed to acquire two modern tanker vessels for $102.5 million.
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Amphastar Pharmaceuticals Inc (NASDAQ: AMPH)
shares fell 15.4 percent to $15.57 after the company disclosed that it has received a CRL for Intranasal Naloxone for the
emergency treatment of opioid overdose.
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Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA)
shares dropped 15.2 percent to $15.98. Momenta Pharmaceuticals reported Q4 earnings of $0.60 per share on revenue of $34.19
million.
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America's Car-Mart, Inc. (NASDAQ: CRMT) shares
fell 14.6 percent to $33.17 after the company posted downbeat quarterly earnings.
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Daktronics, Inc. (NASDAQ: DAKT) dropped 14.1
percent to $8.68 on wider-than-expected quarterly loss.
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Albany Molecular Research, Inc. (NASDAQ: AMRI)
shares tumbled 13.7 percent to $16.07 after the company posted weak quarterly results.
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Unilever plc (ADR) (NYSE: UL) shares declined 8.4
percent to $44.46. Unilever and Kraft Heinz announced Kraft Heinz has amicably agreed to withdraw its proposal for a
combination of the companies.
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Unilever N.V. (ADR) (NYSE: UN) dropped 8.4 percent to
$44.70.
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HSBC Holdings plc (ADR) (NYSE: HSBC) shares
declined 5.6 percent to $41.46 after the company posted a drop in its profit.
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Freeport-McMoRan Inc (NYSE: FCX) shares fell 4.6
percent to $14.22. Deutsche Bank downgraded Freeport-McMoRan from Hold to Sell.
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Kraft Heinz Co (NASDAQ: KHC) fell 3.2 percent to
$93.55 after it dropped its $143 billion takeover offer for Unilever.
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