Melinta Therapeutics Inc (NASDAQ: MLNT) was one of the biggest losers in yesterday’s trading session. This came after the company announced that, it had filed for chapter 11 bankruptcy protection. It announced that under its senior credit facility, named the Deerfield Private Design Fund III, and L.P...
Spring Bank Pharmaceuticals Inc (NASDAQ: SBPH) was one of the biggest losers in post-Christmas trading. The stock dropped by 66.76% to close the day at $1.20. This followed news that the company had stopped taking in patients for its phase 2b CATALYST trials. These trials were testing...
Stealth Biotherapeutics Corp (NASDAQ: MITO) was one of the big losers at the close of the week, after it dropped by 65.33%. This came after the company announced that, its late-stage trial for its investigational treatment for primary mitochondrial myopathy did not meet its primary endpoints.  
TransWorld Entertainment Corporation (NASDAQ: TWMC) was one of the big losers in Wednesday’s trading session. The stock lost by 29.58% to close the day at $2.20. This came after the company released disappointing Q3 results. The company announced that total revenues in the quarter stood at $69.5...
OncoSec Medical Incorporated (NASDAQ: ONCS) made a new low in Friday’s trading session, to close the day with losses of 16.18%. Nonetheless, the company made some positive announcement on that day. The company released interim results for KEYNOTE-890, which is a continuing phase 2 study of TAVO...
Correvio Pharma Corp (NASDAQ: CORV) was one of the biggest losers in Friday’s session. It gapped down and closed the day with a loss of 39.81%. This followed news that FDA staffers had stated the benefits of the company’s heart treatment did not outweigh the risks. The...
Sage Therapeutics Inc (NASDAQ: SAGE) was a big loser in Thursday’s trading session. The stock dropped by 59.67% to close the day at $60.18. This followed news that its late-stage trial for a depression drug had failed. The company announced that the phase 3...
Aldeyra Therapeutics Inc (NASDAQ: ALDX) was one of the big stock losers in Tuesday’s trading session. The company closed the day at a loss of 32.44%. This followed news that investors were questioning the company’s dry eye treatment. This came after the company’s treatment failed to meet...
NanoViricides, Inc (NYSE: NNVC) closed lower in Friday’s trading session.  However, the number of shorts on this stock has declined. In November, short interest stood at 137,100 shares, a 6.5% when compared to October when the number of shorts stood at 146,600 shares.
DiaMedica Therapeutics Inc (NASDAQ: DMAC) was a big loser in Friday’s trading session. The stock gapped down to close the day with a loss of 13.70%. This is in line with an increase in shorts since October. Data on the stock show that all through October, the...