Morning Market Losers

TransAtlantic Petroleum TAT plummeted 22.64% to $0.85 after the company announced its capital expenditure budget for 2014. Tesaro TSRO dropped 21.49% to $29.60. Tesaro's Rolapitant achieved primary endpoint in each of two Phase 3 trials for the prevention of CINV. Steiner Leisure STNR dropped 17.44% to $46.50 after the company announced non renewal of celebrity cruises concession agreement. Linktone LTON dropped 12.90% to $1.35. Linktone shares have dropped 39.45% over the past 52 weeks, while the S&P 500 index has gained 27.45% in the same period.