Morning Market Losers

Red Robin Gourmet Burgers RRGB shares dropped 20.23% to $51.49 after the company reported downbeat second-quarter profit. Noodles & Company NDLS shared tumbled 19.52% to $20.29 on disappointing Q2 results and an outlook below expectations. Vapor VPCO shares declined 17.74% to $3.43 after the company reported Q2 results. Digital Ally DGLY dropped 14.11% to $3.47 after the company reported a Q2 loss of $0.28 per share on revenue of $3.40 million. Conatus Pharmaceuticals CNAT shares dipped 12.47% to $6.81 after the company reported a Q2 loss of $0.34 per share. Digital Power DPW shares fell 11.74% to $1.22 on Q2 results. Oclaro OCLR dropped 10.47% to $1.71 after the company said a decline in 40G and lower-speed legacy products for fiber-optic networks will result in disappointing FQ1 revenue. Rockwell Medical RMTI declined 8.09% to $10.25. FBR Capital initiated coverage on Rockwell Medical with a Underperform rating and a $6.00 price target. Fifth Street Senior Floating Rate FSFR dipped 7.66% to $12.29 after the company commenced public offering of 22.8 million shares of common stock.