Pre-Market Losers in Focus: (APOL, PPHM, CTIC, SQNM)

Los Angelas, CA -- (SBWIRE) -- 01/10/2013 -- Apollo Group Inc (NASDAQ:APOL) shares declined 7.76% to $19.32 after the company reported a first quarter net income of $133.5 million or $1.18 per share, as compared to $149.3 million or $1.14 per share in the prior year quarter. Adjusted income from continuing operations for the first quarter 2013 was $137.9 million, or $1.22 per share. Analysts expected the company to earn $0.90 per share for the quarter. Net revenue for the first quarter was $1.06 billion, down from $1.17 billion last year, while analysts expected revenues of $1.03 billion.

Can APOL Bounce Back? Find Out Here

Peregrine Pharmaceuticals (NASDAQ:PPHM) ended its day with the loss of 11.59 % and closed at $2.06 after opening at $2.23. The stock traded during its last trading session with the total traded volume of 11.53 million shares, as compared to its average volume of 7.62 million shares.

Can PPHM Jump Again? Find Out Here

Cell Therapeutics Inc (NASDAQ:CTIC) shares dropped 13.80% to $1.40. Cell Therapeutics Inc. has begun enrolling patients in a phase III clinical trial, known as PERSIST-1, evaluating its investigational drug Pacritinib for the treatment of patients with myelofibrosis. The trial is expected to enroll 270 patients.

Can CTIC Recover After The Recent fall? Find Out Here

Sequenom, Inc. (NASDAQ:SQNM) reported the decrease of -5.98% to close at $4.56 with the overall traded volume of 14.92 million shares. The company announced preliminary highlights of the Company’s 2012 performance and accomplishments. The company posted total revenue of approximately $89 million, growth of approximately 59% year-over-year for 2012. Diagnostic services revenues of approximately $46 million, compared to $8.3 million in 2011. Diagnostic services revenues continue to be recorded primarily as cash is received.

Can SQNM Extend Fall? If Yes, How Far It Can Go? Find Out Here

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