Morning Market Losers

Cleveland BioLabs, Inc. CBLI shares dropped 13.64 percent to $2.85 after the company reported the submission of pre-EUA dossier for entolimod to the FDA. AirMedia Group Inc (ADR) AMCN dipped 12.24 percent to $6.37 after the company reported that it has reached a definitive agreement to sell 75 percent of its advertising business for RMB 2.1 billion. iDreamSky Technology Ltd (ADR) DSKY shares slipped 10.51 percent to $13.03 after the company reported the receipt of preliminary non-binding bid at $3.50 per share. Micron Technology, Inc. MU declined 4.30 percent to $24.05. Morgan Stanley downgraded Micron Technology from Equal-weight to Underweight and lowered the price target from $30.00 to $21.00. SanDisk Corporation SNDK shares declined 3.77 percent to $63.60. Morgan Stanley downgraded SanDisk from Overweight to Equalweight and lowered the price target from $80.00 to $75.00. DBV Technologies SA - ADR DBVT shares dropped 2.71 percent to $26.53 after falling 1.45 percent on Friday.