Morning Market Losers

Lpath Inc. LPTN shares fell 25.08% to $2.45 after the company reported Phase 2a study results for ASONEP in renal cell carcinoma. Apollo Education Group, Inc. APOL shares tumbled 18.69% to $22.76 after the company reported narrower-than-expected loss for its fiscal second quarter, but issued a weak sales forecast. Christopher & Banks Corporation CBK shares slipped 12.65% to $5.12 after the company posted fourth-quarter results and issued a weak revenue outlook. EnLink Midstream Partners, LP ENLK shares declined 9.88% to $24.26 after the company announced that a unit of its Devon Energy Corp. DVN affiliate will launch a public offering of 22.8 million units. Nationstar Mortgage Holdings Inc. NSM fell 9.39% to $28.22 after the company announced the pricing of 17.5 million common stock. Paragon Shipping Inc. PRGN shares declined 6.51% to $1.15 after the company named CEO Michael Bodouroglou as Interim CFO. Destination XL Group, Inc. DXLG dropped 5.80% to $4.55 after the company reported downbeat Q4 results and issued a weak outlook. Novavax, Inc. NVAX shares dipped 4.11% to $8.87 after the company announced a $175 million offering of shares. RMG Networks Holding Corporation RMGN shares slipped 3.97% to $1.45 after the company reported that it has raised $25 million in private placement of convertible preferred stock.