Midday Losers From September 16 - VirnetX Holding Corporation, Majesco Entertainment Co. And More
VirnetX Holding Corporation (NYSE: VHC) -50% - A federal appeals court withdrew a $368 million jury award that VirnetX won against Apple Inc in 2012.
Atlantic Power Corp (NYSE: AT) -31% - A strategic review of the company concluded that a sale or merger is not in the best interest of the company; the company cut its dividend; CEO resigned.
Barret Business Services, Inc. (NASDAQ: BBSI) -20% Seeking Alpha released a negative article on BBSI, titled, “Barrett Business Services (BBSI): A Tick-Tick-Ticking Time Bomb.”
Majesco Entertainment Co. (NASDAQ: COOL) -20% - Majesco released earnings Monday evening missing Street estimates on both the top and bottom line.
PharmAthene, Inc. (NYSE: PIP) -16% - Siga Technologies Inc. filed for bankruptcy protection. A court in Delaware found Siga liable to PharmAthene Inc. in a licensing dispute.
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