$PPHMP is one of biggest losers #stocks today. read more:

Peregrine Pharmaceuticals Inc. (symbol: PPHMP) was one of the worst losers
of the trading day today (2016-03-01), losing -15.57%. The number of shares
that changed hands was 14,622, or about 4 times the average daily volume in
the stock.
The closing price was $12.9, amounting to a market cap of $2,960,000,000,
about -47.35% off the highest price in the last 12 months. The stock has
been trading at a range between $12.9 and $24.5.
PPHMP is in the Major Pharmaceuticals industry, part of the Health Care
sector.