Morning Market Losers (SAPX, MSHL, NEWL, PRPH)

Seven Arts Pictures Plc SAPX fell 18.60% to $0.9280 at 10:18 am. SAPX's shares have fallen 42.42% over the past 52 weeks, while the S&P 500 index has gained 11.84% in the same period. Marshall Edwards Inc MSHL dipped 18.28% to $0.9235. MSHL and Novogen Limited signed an asset purchase agreement, under which Marshall Edwards will purchase Novogen's intellectual property portfolio for $4 million of convertible preferred stock. NewLead Holdings Ltd NEWL shares dropped 17.27% to $2.30. NEWL filed to sell $115 million in stock offering. ProPhase Labs Inc PRPH shares lost 7.53% to $1.29. PRPH's trailing-twelve-month ROE is -4.40%. Read more from Benzinga's Markets.