Akorn, Inc. AKRX 20.24% shares declined 18.16 percent to $45.21 following the report of overstatement of revenue and downgrade. The company said it will make additional accounting restatements that will reduce previously reported revenue for the final three quarters of 2014. Piper Jaffray downgraded Akorn from Overweight to Neutral.
Read more: http://www.benzinga.com/news/15/04/5445536/morning-market-losers#ixzz3YWMvxgPE
Read more: http://www.benzinga.com/news/15/04/5445536/morning-market-losers#ixzz3YWMvxgPE