Morning Market Losers

Kindred Biosciences KIN shares slipped 31.41% to $6.34 after the company reported that it has decided to stop its Atokin study. Aéropostale ARO shares fell 19.12% to $2.58 after the company issued a weak forecast for the fourth quarter. The company expected a loss of $0.37 to $0.44 per share, versus analysts' expectations for a $0.37 per share loss. The company also announced its plans to close around 75 stores in the current quarter. However, the company reported upbeat revenue for the third quarter. Christopher & Banks CBK tumbled 18.78% to $5.58 after the company reported weaker-than-expected sales for the third quarter and issued a downbeat forecast for the fourth quarter. However, the company posted upbeat quarterly earnings. Gildan Activewear GIL shares fell 13.01% to $50.69 after the company reported a weaker-than-expected profit for the fourth quarter and issued a weak guidance. Barnes & Noble BKS dipped 11.58% to $19.67 after the company reported weaker-than-expected fiscal second-quarter profit. The company also announced that it is ending its commercial deal with Microsoft MSFT. UTi Worldwide UTIW shares dropped 11.53% to $12.28. During Wednesday's trade, shares of UTi surged following a report that DSV A/S was interested in buying the company. After hours Wednesday, UTi Worldwide there are currently no discussions between the two companies. ANI Pharmaceuticals ANIP shares fell 11.10% to $53.53 after the company announced a $100 million public offering of convertible notes. Express EXPR shares declined 10.90% to $12.91 after the company cut its forecast for the year. SeaChange International SEAC shares dropped 8.70% to $6.40 after the company reported a Q3 loss of $0.07 per share on revenue of $30.0 million and lowered its FY15 outlook.