$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 (2016-03-02), losing -26.28%. The number of shares
that changed hands was 36,440, or about 9 times the average daily volume in
the stock.
The closing price was $9.51, amounting to a market cap of $2,180,000,000,
about -61.18% off the highest price in the last 12 months. The stock has
been trading at a range between $8.19 and $24.5.
PPHMP is in the Major Pharmaceuticals industry, part of the Health Care
sector.