Morning Market Losers

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Pernix Therapeutics Holdings Inc PTX dipped 14.74 percent to $8.50 after the company issued a disappointing sales guidance and announced a private offering of $120 million of convertible senior notes due 2021. ForceField Energy Inc FNRG fell 14.05 percent to $5.20. ForceField responded to inaccurate statements made by MoxReports. Carbonite Inc CARB declined 11.88 percent to $10.13. Carbonite projected Q1 revenue higher than the $31.9 million to $32.1 million range. RLJ Entertainment Inc RLJE fell 10.20 percent to $1.32. RLJ Entertainment announced capital restructure, and reported preliminary Q4 sales of $19.3 million and adjusted EBITDA of $6.1 million. Pacira Pharmaceuticals Inc PCRX shares dropped 7.19 percent to $86.50 after the company reported the receipt of a subpoena from the U.S. Department of Justice. Chinanet Online Holdings Inc CNET fell 6.94 percent to $1.61. ChinaNet Online reported FY 2014 adjusted EPS of -$0.15 on sales of $38.9 million. SanDisk Corporation SNDK shares dipped 6.26 percent to $66.67 after the company reported weaker-than-expected earnings for the first quarter. Analysts at Deutsche Bank downgraded SanDisk from Buy to Hold and lowered the price target from $80 to $65. Capital Product Partners L.P. CPLP fell 5.94 percent to $9.34 after the company announced the pricing of 12.8 million common units for $9.53 per share. Matador Resources Co MTDR shares declined 5.01 percent to $27.88 after the company announced the pricing of 7 million shares at $189 million total estimated proceeds. Gulfport Energy Corporation GPOR shares declined 2.42 percent to $48.88 after the company reported that it proposed a $300 million offering of senior notes due 2023.
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