Thursday’s 10 Worst-Performing Stocks

7. Rockwell Medical Inc. (NASDAQ:RMTI)

Rockwell Medical declined by 20.45 percent on Thursday to end at $1.4 each as investors shunned the company’s improved earnings performance and instead digested its soft outlook guidance for 2025.

In the fourth quarter of last year, RMTI said it narrowed its net loss by 50 percent to $800,000 from $1.5 million in the same period a year earlier. Net loss for the full-year period stood at $500,000, representing a 94 percent improvement from the $8.4 million reported in 2023.

Meanwhile, net sales for the quarter grew by 11.76 percent to $24.7 million from $22.1 million, while net sales for the full-year period increased by 21 percent to $101.5 million.

For this year, RMTI said it would continue to focus on achieving sustained profitability and growing its hemodialysis concentrates base business by adding new customers.

The company said it was targeting additional customers that represent an estimated 14.5 million gallons of potential available business within the company’s distribution footprint.