Morning Market Losers

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Mirati Therapeutics, Inc. MRTX
shares dipped 24.44 percent to $27.70 after the company presented data from MGCD265 showing preliminary evidence of clinical efficacy at the ASCO. Brean Capital downgraded Mirati Therapeutics from Buy to Hold.
Prima Biomed Ltd. PBMD
shares dropped 14.91 percent to $1.94 after the company announced an update on its lead product, IMP321.
Jiayuan.com International LtdDATE
shares fell 13.47 percent to $8.03. Jiayuan.com reported that it has received additional non-binding proposals.
Clovis Oncology IncCLVS
shares slipped 3.94 percent to $88.80 after the company reported updated Phase 2 results from two ongoing clinical studies with rucaparib: ARIEL2 and Study 10.
Celldex Therapeutics, Inc. CLDX
shares declined 2.49 percent to $28.15 after the company presented positive results from randomized, double-blind Phase 2 study of RINTEGA at the ASCO.
Express Scripts Holding Company ESRX
shares dropped 2.07 percent to $85.34. Raymond James downgraded Express Scripts Holding from Outperform to Market Perform.
F5 Networks, Inc. FFIV
shares declined 1.37 percent to $123.97. Citigroup downgraded F5 Networks from Buy to Neutral and raised the price target from $122.00 to $132.00.
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