Morning Market Losers

Dynavax Technologies Corporation DVAX dipped 31.33% to $2.17 at 10:05 am. DVAX's cash, cash equivalents and marketable securities at June 30, 2011 came in at $61.7 million, versus $53.2 million at March 31, 2011. Icagen Inc ICGN fell 23.10% to $5.96. Pfizer Inc PFE agreed to acquire the remaining 8.3 million shares of Icagen for $6 per share. Riverbed Technology Inc RVBD shares moved down 22.95% to $31.90. RVBD reported downbeat Q2 revenue. CMS Bancorp Inc CMSB shares dropped 20.00% to $6.88. CMSB shares have dropped 11.70% over the past 52 weeks, while the S&P 500 index has gained 22.45% in the same period.
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