Biggest Losers (VG, RPRX, STC, SVNT, RINO)

Vonage Holdings Corp. (NYSE: VG) corrected 11.06% to $1.78 after yesterday’s rally of about 39%. Yesterday, Citigroup raised its price target to $1.50 from $0.50 despite maintaining a HOLD rating.

Repros Therapeutics Inc. (NASDAQ: RPRX) plummeted 22.58% to $1.44 on unusual volume of 7.49 million shares after the company said they plan to raise money by selling shares at a discount. Repros shares rallied about three-fold on Wednesday after the company said its testosterone drug showed promise in an exploratory study.

Stewart Information Services Corporation (NYSE: STC) decreased $1.91 or 15.80% to $10.18 on 830K shares after it announced its intention to offer, subject to market and other conditions, $60 million aggregate principal amount of Convertible Senior Notes due 2014 (the "Notes") in a private placement to qualified institutional buyers

Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) is the among the to percentage losers and now fell 10.75% to $13.45 on very unusual volume of 2.15 million shares s it plans to sell 4 million shares, raising money to fund the approval of its gout treatment drug, Krystexxa.

RINO International Corporation (NASDAQ: RINO) plunged 4.24% to $22.95 on very unusual volume of 1.53 million shares on no news. In the last one month shares of RINO have rallied over 63%.